GPL 1.47 announced second quarter ("Q2") production results at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia, and provided an update on its exploration and development activities.
$GPLin at 1.17 AVG my target is 1.77 to 1.87 before a Major correction.
Second Quarter 2014 Operations Highlights (Compared to Second Quarter 2013) •Ore processed increased 20% to a record 80,964 tonnes; •Metal production rose 6% to 718,794 silver equivalent ounces ("Ag eq oz"); •Silver production was up 6% to 420,001 silver ounces ("Ag oz"); •Gold production decreased 6% to 3,773 gold ounces ("Au oz"); and •San Ignacio started commercial production in June.
Great Panther delivered continued growth in metal production during the second quarter of 2014. Production in terms of Ag eq oz increased 6% compared to the second quarter of 2013 and showed an 8% increase over the first quarter of 2014. This was primarily due to increased mill throughput at both mines combined with better silver grades from the Guanajuato Mine Complex over the first quarter as operations fully resumed after the disruptions in the first quarter. At Guanajuato, the start of commercial production at San Ignacio in June and the provision of pre-production development ore contributed to the increased throughput and metal production.
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts) Note 2: Please do an 8x34 chart on the stock; the 8x34 cross is the initial reversal sign of most stocks. Use the link below, just replace the ticker symbol. Post on the board when a stock crosses the 8DMA or the 34DMA and when the 8x34 cross is about to occur.
8x34 cross in the making, look at Full Sto, and CMF indicators. just replace the ticker with your TICKER
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