SPDR Gold Trust (GLD)

[NYBob]

Great Analysis!! GPL will move very soon to higher highs $10++!!
Only profits from here showing great ROI for GPL!!
arttman thank you great info )
Ex....
RE: GPL/GPR Great Management
The Wolff, I couldn’t agree more. Henderson, our CEO appears to an
extremely capable mining engineer... which is exactly what this deposit
needed.
You can tell he’s not flying around the world trying to make deals.
He’s working on the resources and mills to increase productivity, and
reduce cost.
That’s what I like to see. Allow results speak for themselves.

Correct me if I’m wrong, but I believe this is his first CEO position?
I’ve never met him, but from my experience, I expect him to work with
a “chip on his shoulder” and prove himself.
This is his big chance.

With David Garofalo as the Chairman of the board, as the former CEO of
Goldcorp from 2016-2019, which was one of the largest gold companies in
the world before it merged with Newmont mining.... and previous to that
David was CEO of Hudbay Minerals.
I would expect strong PR from him on the golf courses, and board rooms
of the world.
Word is going to spread fast of the extreme undervaluation of Great
Panther.

With this team I wouldn’t be surprised of a re-rating after a few
quarters where Great panther is trading at a premium to its peers.

Just my opinion.
By The Alchemist


Great Panther Mining positioned to post strong 2020 after record net
income and operating cash flow in 2Q
The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil


At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year


Great Panther Mining Limited -
At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year
Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL),
the precious metals miner, posted a clutch of record numbers
in its second quarter financials, despite the challenges posed
by the coronavirus (COVID-19) pandemic, including
a net income compared to a loss in the same period last year.

The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil.

READ: Noble Capital says Great Panther Mining's 2Q production figures
highlight "solid performance" at Tucano
Net income for the three months to June 30 came in at
a record US$8.5 million compared to a loss of US$5.7 million for the
second quarter of 2019.
Mine operating earnings before non-cash items were
a record US$35.8 million, up 233% on the figure
of US$10.7 million a year ago.

Cash flow from operating activities came in at US$19.5 million, versus a
loss of US$5.5 million in 2Q, 2019.

Revenue for the three months was US$67 million versus US$45.2 million a
year ago, on consolidated gold production across all mines of
36,357 ounces (2Q 2019: 33, 461 ounces).

At Tucano alone, output was a record 35,421 ounces in the quarter
compared to 29,899 ounces in the same period last year.

"The combination of a strong rise in the gold price and record
production at our flagship Tucano mine, leading to a substantially
lower AISC, drove a significant increase in cash flow from operating
activities to a record $19.5 million for the second quarter of 2020,"
said Great Panther CEO Rob Henderson in a statement.

"This was an impressive result given the unprecedented challenges of
managing COVID-19."

The firm operates the Tucano mine in Brazil and
the Topia and
the Guanajuato Mine Complex (GMC) in Mexico
(where operations restarted in June).


Across the group, Great Panther expects to produce for full year 2020
between 146,000 and 158,000 gold equivalent ounces at all-in sustaining
costs (AISC) in the range of US$1,150 to US$1,250 per gold ounce sold
and is "well positioned" to deliver strong results.

"With the restart of the company's operations in Mexico in June, a
strong increase in the price of silver and new records for the gold
price since the end of the second quarter, Great Panther expects
continued strong cash-flow generation in the third quarter," it added.

As at the end of June, the miner held cash and equivalents of
US$60.2 million, an increase from
US$37 million at the end of 2019.

Shares added over 7% in New York to US$0.97.

---Updates for share price---

Contact the author at [e-mail]

Quick facts: Great Panther Mining Limited
Price: 1.28 CAD

TSX:GPR

Great Panther Silver, Ltd. (GPL) / GPR | NYSE American GPL


g r e a t p a n t h e r. c o m July 2020


CORPORATE PRESENTATION

https://www.greatpanther.com/_resources/presentations/corporate-presentation.pdf?v=0.882


https://www.greatpanther.com


Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA