The Gold Report

Great Panther Silver Ltd. TICKER: GPR:TSX; GPL:NYSE.A Visit Company Website Great Panther Silver Ltd. is a profitable and rapidly growing primary silver producer operating two 100%-owned mines in Mexico. Its flagship Guanajuato Mine Complex forms part of the Guanajuato mining district—historically, Mexico's second largest silver-producing region. The precious metals company is generating ~70% of its revenue from silver and 23% from gold. Great Panther is now focusing on an immediate and aggressive increase in production, as well as in resources and reserves while maintaining profitability.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

The Gold Report Interview with Fayyaz Alimohamed (1/25/12) "I think a 20% year-over-year increase is very healthy for any producer. Great Panther Silver Ltd.'s profit margins are excellent. It has a 30% net margin for the year to date. So, it should generate very decent cash flows going forward. Great Panther has $40M in the bank. It is growing the resource at the San Ignacio project, is looking for acquisitions and it is mining a recently discovered high-grade zone in Cata.

. . .[Great Panther CEO] Bob has delivered tremendous value for shareholders. He is very competent and is a man of integrity. I think his share price is closely linked to the price of silver, which is generally true for most silver producers. Guanajuato has a rich history. It was mined by the Spaniards and has been in production for 400 years. It was once considered the richest silver mine in the world. Bob has taken it from when silver was down to $4/oz, resurrected it, capitalized it, built out infrastructure and delivered tremendous value." More >

Christos Doulis, Stonecap Securities (1/18/12) "Great Panther Silver Ltd. released Q411 (and FY11) production results. . .grades at Guanajuato improved during Q411 relative to Q311 and these grades can likely be maintained as more ore is sourced from higher-grade areas, such as Cata and the gold-rich Santa Margarita zone. . .metal production in 2012 is expected to be ~20% higher than 2011, due to increased throughput at both Guanajuato and Topia coupled with improved grades at Guanajuato. . .Great Panther is back on track."

Heiko Ihle, Euro Pacific Capital (1/4/12) "We initiate coverage on Great Panther Silver Ltd. shares with a Buy recommendation. . .we believe that strong production at Guanajuato will continue for the foreseeable future. . .we believe the future potential for San Ignacio, a historically known silver deposit, is substantial. . .we believe that Great Panther would be an attractive acquisition target to some of the larger companies in the space, some of which are currently looking for acquisitions. The attractive assets of Great Panther Silver, coupled with the current size of the company, position the firm as an attractive target."

Jay Taylor, Gold, Energy & Tech Stocks (12/16/11) "Great Panther Silver Ltd. is a very successful silver mining company that keeps on improving operations. It has as a goal the production of upward to 5 Moz silver annually and given management's track record, I believe it will get the job done."

The Gold Report Interview with Louis James (12/12/11) "We also like Great Panther Silver Ltd. . .which [has] projects in the historic Guanajuato area, the source of more than a billion ounces of silver production over the last 400 years. Profitable, growing producers operating in safer parts of Mexico are stories we like a lot. . .With two steps forward and one step back, we think [the stock will] end up significantly higher. . .[it has] profitable, growing production, so I'd expect [it] to progress upward, even if the price environment remained unchanged."

• Corporate Fact Sheet (1/10/12)
• Corporate Presentation (1/17/12)

• Read About GPR's Effort to Aid Wheelchair Donations (1/13/12)

(11/13/11) GPR Silver Summit 2011

(7/1/10) CEO Clip - Great Panther Silver

Back to Top