Great Panther Silver Ltd. TICKER: TSX:GPR DESCRIPTION: Great Panther Silver Limited is one of the fastest growing primary silver producers in Mexico with strong leverage to future rises in the price of silver. The company owns a 100% interest in two operating mines and two high-quality exploration projects in Mexico and employs almost 600 people. With strong, established local management and infrastructure, Great Panther's immediate goal is to realize positive cash flow through progressively increasing production.
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"Great Panther Silver continues to rapidly develop and drill the Los Pozos and Santa Margarita zones at its Guanajuato Mine in Guanajuato State, Mexico. . .The company anticipates that investments in new equipment to develop both Los Pozos and Santa Margarita will help the company to generate a 20% year-on-year production increase from Guanajuato in H210. . .Continued exploration and development success at Guanajuato puts Great Panther in a solid position to reach its production targets in 2010 and beyond. The company remains one of our very best ways to capitalize on rising silver prices."
Thom Calandra, Ticker Trax
(08/18/10)
"I can't do justice to all of the specifics on the producers' year-to-year gains in output, grades, mine revenue and lowered expenses. Here are some stray bullets from Ticker Trax. . .Great Panther Silver is recording record-high net income from Mexico. Still, the Panther's Guanajuato operation is lagging internal expectations 'due to grades being lower than estimated in the first quarter.' Guanajuato's $7 U.S. cash cost per silver ounce thus far this year is way above company guidance of $5. The Panther is a longstanding Planetary Prospect of our service and—as with each of our 12 prospects—we here at home own it."
Thom Calandra, Ticker Trax
(08/31/10)
"Great Panther Silver—in Mexico. Robert Archer is the CEO. The Panther just extended one of its veins, called Recompensa, at the Topia property in Durango, Mexico. The company is on the prowl for assets, so it can notch 20% yearly gains in output. GPR's rising silver grades and low stock valuation compared with other Mexico silver producers make the company's shares look like a bargain. Great Panther's silver-equivalent output at Guanajuato and in Mexico's Durango state is benefiting from richer gold harvests. Yet mining costs as measured by cash cost per ounce of silver and silver-equivalent are still higher than we'd all like to see at Guanajuato."
Sean Rakhimov, Silver Strategies (08/31/10)
"Great Panther Silver has also been clawing its way into profitability. While its production currently is still under 2 Moz/year, GPR is already profitable and has made tremendous progress from where it was a couple of years ago. The company is putting a lot of money into development of its mines and has reported some encouraging gold intercepts from recent drill programs. The company is also attractively valued relative to its peer group and is looking to grow its production. Inversely, if Great Panther continues to be valued at present levels, it may become an acquisition target itself, which would spell good news for shareholders."
David Morgan, Morgan Report
(07/06/10)
"Great Panther's 2009 production exceeded 1 Moz. silver and 6,700 oz. gold—a 37% increase over the previous year. Gold and silver recovery rates at the mill are 86% and 83%, respectively.
Over the past year, GPR has undergone a metamorphosis of sorts—now focused on ramping up production, identifying high-grade zones and more effectively getting its story out. . .if its plans come to fulfillment, it could well double its production over the next two to three years."