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XMFSinchiruna (26.54)

Great Panther Silver From the Inside-Out



October 27, 2011 – Comments (13) | RELATED TICKERS: GPL , EXK

If any of you were wondering why I've been a little quiet lately, it's because I was in Mexico visiting the Guanauato-area operations of both Great Panther Silver and Endeavour Silver.

It was a phenomenal trip, and the kind of insight I gained into both of these companies could not have been gained in any other way. Of course, the kid in me wants to tell you just how awesome is was to venture 510 meters underground to inspect a seemingly endless supply of epithermal vein structures containing impressively high grades of silver.

Anyway, here is the first write-up of what I'm sure will be many, since I have so much information to relay from the trip.

By the way, speedybure was there as well, and it was a blast getting to meet him after all these years. Since I consider his valuation work of very high quality, I hinted that it may be interesting to see a little DCF-based fair value analysis on this pair of quality silver miners. Those may be forthcoming. In the meantime, please enjoy the series of articles that will be forthcoming on both miners, and thank you as always for being, collectively, the inspiration that keeps me hungry to remain as well-informed as I can possibly be on the stocks that interest us as a community.

13 Comments – Post Your Own

#1) On October 27, 2011 at 11:21 AM, Jbay76 (< 20) wrote:

So, the only other question is whether you took some time to go to Jalisco and do the tequila train tour?

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#2) On October 27, 2011 at 12:20 PM, XMFSinchiruna (26.54) wrote:

Nope ... instead I visited the ancient city of Teotihuacan. That's more my speed.  :)

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#3) On October 27, 2011 at 1:56 PM, Jbay76 (< 20) wrote:

Good choice all the same!  I had visited there several times in my younger years in between visiting family in Mexico City and Jalos.  I recently read Fingerprints of the gods which shed a lot of interesting information on the area, Aztecan beleifs, and those of many other meso-american civilizations.  Have you read the book?  It's a bit long, but a good read.  Apparently, you can even access a free pdf. version of the book as well, though I got mine from the local library

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#4) On October 27, 2011 at 1:56 PM, Gonzhouse (21.05) wrote:

I'm very pleased to hear the re-endorsement of GPL;  I got in originally at $0.92 when you first mentioned them.  They have been a wild ride bouncing between $2 and $4 a share but I'm convinced it's a long-term hold.  Thanks for the great analysis.

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#5) On October 27, 2011 at 2:22 PM, 100ozRound (28.74) wrote:

Any hints of a merger between the two?

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#6) On October 27, 2011 at 3:37 PM, Jbay76 (< 20) wrote:

You mean a merger between GPL and now wouldn't that be something :D

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#7) On October 27, 2011 at 4:06 PM, 100ozRound (28.74) wrote:

yes indeed

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#8) On October 27, 2011 at 4:25 PM, leohaas (29.35) wrote:

Keep up the good work. Looking forward to those DCF-based analysis!

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#9) On October 27, 2011 at 8:36 PM, b33rnuts (< 20) wrote:

@ #7 - the writer of this article seems to imply the potential possibility of a merger.

BTW, anyone who has not been to Teotihuacan should make the effort to go - it is truly an amazing peek into history that is still not completely understood.  Wait until off-season, climb up the Pyramid of the Moon at dusk and wait for the sun to set.  Magical.


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#10) On October 28, 2011 at 10:14 AM, HooDaHeckNose (83.63) wrote:

My faith in GPL was getting a bit shaky, thanks for this.

Haven't seen any mention of Alexandria Minerals in a while. Any fresh thoughts on it?

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#11) On October 28, 2011 at 1:16 PM, XMFSinchiruna (26.54) wrote:


A lack of saying anything doesn't imply anything. :)  It remains my single largest holding, and I continue to believe in the story even under very trying market circumstances for the micros overall. I have been a fairly major buyer here beneath $0.12, and now own a ridiculously large slice. That's my personal choice to make this particular one my big lottery-ticket play, but I do not recommend to my readers that they tale on anywhere that extreme a concentration into any one microcap explorer. It's an extremely rocky terrain.

That being said, I'm still looking forward to the initial resource on Akasaba. We're hoping for it to be released in November, but I've been hearing that all the labs and consulting firms are backlogged, so we may expect to see some delays throughout the sector in that regard.

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#12) On October 28, 2011 at 9:58 PM, skypilot2005 (< 20) wrote:


Thanks, for the "Hands On" D. D.  I appreciate it. 

I have a ton of Alexandria, too,   Not extreme though.  I like the prospects it has.  I am not sure what my largest holding is.  I guess I should know.  I've got them scattered among 3 accounts.  SLW has to be up there.

I sold all of my GPL awhile back at a nice profit. 

Read your piece last nite and bought some again, this AM.  Finished the day with a gain.

Tell me.  Was Speedy accompanied by anyone? Specifically, the lady in the picture with him that accompanies his articles?


 Your Web Link Assistant

Sky Pilot


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#13) On October 29, 2011 at 1:04 PM, speedybure (< 20) wrote:


I;m in the process of building a model for Great Panther. Would have finished it but I;m super busy getting the Novermber issue of the Morgan Report finshed. 

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