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Great Panther Silver Ltd.

Great Panther Silver Ltd. is a primary silver mining and exploration company. The company's current activities are focused on the mining of precious metals from its two wholly owned operating mines in Mexico: the Guanajuato mine complex, which includes the San Ignacio satellite mine, and the Topia mine in Durango. The company also has two exploration projects in Mexico, El Horcon and Santa Rosa, and is pursuing additional mining opportunities in the Americas.

Expert Comments:

Bhakti Pavani, Euro Pacific Canada (5/20/15)
"Great Panther Silver Ltd. has signed a two-year option agreement with Nyrstar NV, whereby it can acquire a 100% interest in the Coricancha mine in Peru for an estimated acquisition price of $8M. . .the Coricancha mine complex is located approximately 90km east of the city of Lima. . .a gold-silver-copper-lead-zinc deposit with approximately 45% gold and 35% silver mineralization, at Dec. 31, 2012, its mineral resources and reserves were estimated at a Measured and Indicated resource of 0.89 Mt at a grade of 5.04 g/t gold, 174.62 g/t silver, 0.42% copper, 1.97% lead and 3.11% zinc, which equates to 21.9 Moz silver-equivalent."

Ash Guglani, Salman Partners (5/20/15)
"Great Panther Silver Ltd. yesterday announced that it has entered into a 2-year option agreement to acquire 100% interest in the Coricancha mine complex in the central Andes of Peru from Nyrstar. . .this agreement allows the company access to a near-term production mine without making an immediate, large cash payment under this low commodity price environment. Great Panther is planning to start surface drilling, followed by underground drilling, development and evaluations as soon as possible."

Bhakti Pavani, Euro Pacific Canada (5/8/15)
"Record production and improved grades helped Great Panther Silver Ltd. generate higher revenues in Q1/15. . .cash costs improved substantially. .we highlight that the continued improvement of silver grades at both Guanajuato and Topia, coupled with increased production from San Ignacio should increase overall production moving forward, while the potential for higher precious metals prices may prove to be a catalyst for the firm."

Heiko Ihle, H.C. Wainwright & Co. (5/8/15)
"For the quarter, Great Panther Silver Ltd. produced a record 987,887 oz silver equivalent at an average cash cost of $8.71/oz silver equivalent; these figures represent significant improvements over Q4/14 production figures of 911,048 oz silver equivalent at an average cash cost of $12.23/oz equivalent ounce. Further, all-in sustaining costs (AISC) per silver equivalent ounce fell to $14.47, compared with Q4/14 AISC of $21.46."

Ash Guglani, Salman Partners (5/8/15)
"In Q1/15, the depreciating Mexican peso against the U.S. dollar lowered costs at both of Great Panther Silver Ltd.'s GMC and Topia mines in Mexico. . .management acknowledged that the 8% quarter-over-quarter (QOQ) increase in the production of silver equivalent ounces translated into a 42% QOQ increase in revenue."

Heiko Ihle, H.C. Wainwright & Co. (4/16/15)
"Great Panther Silver Ltd.'s overall production for Q1/15 rose to 597,111 oz silver and 4,703 oz gold, for a record of 987,887 oz silver equivalent. . .we attribute the strong increase in production to the continued ramp-up at San Ignacio in addition to operating outperformance at Topia during the quarter. . .we are reiterating our Buy rating and $1.10/share price target."

More Expert Comments

Experts Commenting on This Company

Angelos Damaskos
Ash Guglani
Heiko Ihle
David Kratochvil
Brien Lundin
Rick Mills
Steve Palmer
Bhakti Pavani
Sean Rakhimov
Deborah Sterescu
Jay Taylor
Olivier Tielens

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