Ron MeiselsGreat Panther Resources LtdGPR.TODON'T BUYOct 03, 2011
Chart shows a wonderful rise to early 2011 and then started to fall back. The rally that followed did not take it to the high it had before. This was followed by another selloff and again the rally that followed had a lower high. Stock is now in a dangerous territory. $2.45 or so would be a good place for a stop loss.
Primarily silver. He does not like that small of a market cap company. In this pessimistic a market he does not like to invest in this small of a cap. It is Mexico. There is probably more downside before we see upside in the second half of the year. Explosives were stolen from one of their mines.
Silver. Speculative. Their mines in Mexico have great potential. Potentially a takeover target. At this time, you should deal with the seniors instead.
Silver is hitting all time highs and he is biased to higher silver prices. Good way to play silver because they are a smaller producer with a good production profile.
There been a lot of volume the last month and a half. Great sector to be in. This looks like it will go much higher. You have to have the stomach for this one.
You can probably Buy ant silver stock and it is going to do really well. Has a Nice Titan survey around some of their surrounding land. Have one drill hole, which came out with some really good results. Really curious what they are going to find.
Has been a well run and developing company that has reached many of its goals. The silver market is quite interesting now. There could be a quick run-up.
Silver producer in Mexico. Has produced its first operating profit in Q1. Reached record silver production in Q2. Will be growing production from 1.1 million ounces to 8 million ounces by 2011. Also has a lower grade project in Mexico that will boost the levels of production. Costs are falling dramatically.
Silver producer in Mexico. Have 2 mines in production currently. Turned their first profit in Q1 of this year. Expecting to ramp up production to 4 or 5 million ounces by 2010 and then 7+ million by 2011.
Some of the junior silver plays he likes are Fortuna Silver (FVI-X), Aurcana (AUN-X) Endeavour Silver (EDR-T), Silver Wheaton (SLW-T) and Great Panther (GPR-T).
Missed their production targets by over promising and under delivering. Still has great confidence in management and think they can get on top of the problems. Good silver projects.