IKN

To quit this horrid act

Great Panther Silver (GPR.to): DON’T LOOK AT THE TRUE WIDTHS!!! DON’T!!! JUST LOOK AT THE HEADLINES, SUCKAZ!!!

This morning the serial mediocrity of Great Panther Silver (GPR.to) was reaffirmed by this NR. It actually starts quite brightly with a sheep-catching headline “Great Panther drills 1,681g/t silver over 3.15m at Topia” cos that’s pretty darned good grading, isn’t it? And you can bet serial pumper Mexico “Oh No Definitely No Hidden Agenda” Mike will be oozing all over it for his flock later today, too, along with the delinquents GPR uses to pump their stock like Jonathan Lebed. But if you dare to look closer at today’s NR you see that this headline just aint all it’s cracked up to be.
Yeah, really. Here’s the drill results as presented in the NR with your author highlighting in red a couple of things:

----------------------------------------------------------------------------
                                   Width    TW     Au    Ag     Pb     Zn
Hole     Vein            From      To     m     m   (g/t) (g/t)     %      %
----------------------------------------------------------------------------
ST10-105 Don Benito    154.50  154.85  0.35  0.22    0.9   969   21.3   0.35
----------------------------------------------------------------------------
ST10-108 Don Benito     33.20   33.33  0.13  0.08  0.318   121   2.79   0.17
       Alto
----------------------------------------------------------------------------
ST10-109 Don Benito     76.70   76.80  0.10  0.09  0.334   161  11.90   1.41
       Alto
----------------------------------------------------------------------------
ST10-111 San Jorge      66.48   66.60  0.12  0.08  0.184   287   0.34   0.39
----------------------------------------------------------------------------
ST10-111 Cantarranas    78.18   78.32  0.14  0.10  0.790  1550   2.66  17.70
----------------------------------------------------------------------------
ST10-112 San Jorge      67.00   70.15  3.15  0.67   0.88  1681   2.40   5.32
----------------------------------------------------------------------------
ST10-112 Cantarranas    76.16   76.35  0.19  0.10  1.190  2820   3.29   4.04
----------------------------------------------------------------------------
ST10-113 Cantarranas    69.65   69.90  0.25  0.18  0.390  1150   1.35   2.34
----------------------------------------------------------------------------
ST10-117 San Gregorio   37.20   37.60  0.40  0.17  0.600  1030   3.31  10.10
       Bajo
----------------------------------------------------------------------------
ST10-117 San Gregorio   80.80   81.00  0.20  0.08  0.240   118   0.41   17.3
----------------------------------------------------------------------------
ST10-118 San Gregorio   37.00   37.10  0.10  0.05  0.400  1700   8.03   8.54
       Bajo
----------------------------------------------------------------------------
ST10-118 San Gregorio   71.80   72.40  0.60  0.28  0.400   349   0.46   8.53
----------------------------------------------------------------------------
ST10-118 San Gregorio   91.20   91.45  0.25  0.12  0.160   290   0.09   3.36
       Alto
----------------------------------------------------------------------------
ST10-119 San Gregorio   45.05   45.25  0.20  0.07  0.060   799   3.90  16.60
       Bajo
----------------------------------------------------------------------------
ST10-119 San Gregorio  109.55  110.70  1.15  0.38  0.173   442   0.72   8.05
----------------------------------------------------------------------------
ST10-120 San Gregorio  108.60  109.05  0.45  0.15  0.030   973   0.37   0.80
       Bajo
----------------------------------------------------------------------------
ST10-120 San Gregorio  119.10  119.50  0.40  0.14  0.200   167   0.29   5.87
----------------------------------------------------------------------------
ST10-122 El Rosario     62.45   63.05  0.60  0.20  0.050  2000   2.46   3.45
----------------------------------------------------------------------------
ST10-123 El Rosario    148.60  149.00  0.40  0.07  2.720    27   0.00   0.02
----------------------------------------------------------------------------
ST10-125 San Gregorio   95.35   96.65  1.30  0.74  0.533   370   0.38   5.28
----------------------------------------------------------------------------
ST10-126 El Rosario    107.75   110.8  3.05  1.65  0.398   294   1.76   0.81
----------------------------------------------------------------------------
ST10-127 El Desierto    30.12   30.22  0.10  0.05   11.8  1550   5.27   5.89
----------------------------------------------------------------------------
ST10-133 La Prieta     296.95  297.75  0.80  0.51  1.250    34   5.12   3.49
----------------------------------------------------------------------------
ST10-134 La Prieta     231.25  231.55  0.30  0.25   2.39    38   4.23   5.14
----------------------------------------------------------------------------

So we see that although the drillcore did return 3.15m at 1,681 g/t Au, the true width of the vein (remembering that drills are done at angles to the way the vein runs) is just 0.67m!! This is much more along the lines of the Topia deposit, typified by skinny skinny veins of decent grade (plenty of evidence in that table above, as well as all the previous results published) that brings the pisspoor revenues and results we’ve come to expect from this overhyped company.

There’s a line that runs between “putting best foot forward” and “trying to con the sheep”. GPR has crossed that line so many times there’s little doubt as to the company promo tactics. Today’s NR is just another in the series.

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