Well, the Ag & Au been mined here for 500 years -
Here is the copy of the email I rec'd from GPL;
Dear Mr. Gray,
Great Panther traded as low as US$2.40 this summer and recovered nicely trading
above the US$4 mark a few times in the last couple of weeks. From $2.52 to a recent high of $4.09 we are looking at a 62% increase. Even today, on a day where the DOW is down 200pts and the TSX down over 250pts, Great Panther’s pull back to US$3.50 is still a 40% increase is just a few weeks. Volatility works both ways and silver is certainly more volatile than gold at these levels.
We are increasing production by opening up new areas at both mines and with exploration results from the two mines and two exploration properties, we expect to release a lot of news this fall and will work to deliver resource estimates hopefully prior to year end. We have a substantial amount of growth ahead of us.
All the best,
ERICK J. BERTSCH
Vice President, Corporate Development
defender thanks for good info
Often the deeper the mining goes -
the richer the ore and the wider veins
the old timers got a lot of Au and Ag treasures -
the new drilling will make greater discoveries
the GPL new mining modern tech. and
the art will recover more treasure gems at lower the cost
it will be more and more interesting with -
we haven't seen anything yet -
wait to the Au and Ag bulls picking UP the speed
e.g., Gold breaks $1,800 level
Aug 10th, 2011 13:58 by News
August 10 (CNNMoney) — Ding! Gold broke yet another record
Wednesday, reaching as high as $1,801 an ounce, as investors
keep fleeing from the volatile stock and currency markets.
In midday trading, the precious metal surged $58 to $1,801 per
ounce, before retreating slightly to settle at a record high
of $1,788.30 on the Chicago Mercantile Exchange.
It marked the first time ever gold has exceeded $1,800 in
In less than a month, it has surged more than $200 amid worries
about the debt ceiling, the S&P downgrade, Europe’s sovereign
debt woes and weakness in the U.S. economy. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64279509