Great Panther Silver Limited

Fastest growing primary silver producer in Mexico.

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Message: Move UP!

Move UP!

posted on Sep 08, 2009 08:56AM

Gold and silver are both trading at their highs for the year this morning, and the GPR board is quiet. To me that is the sentiment indicator that tells me we will be running a lot higher before this uptrend cools off. When GPR had the little dip last month there were a number of posts to discuss it, but now that the stock is up about 30% in a week, not a peep on the forum.

I know the discussion board here is relatively unknown so its a small sample size to be drawing any conclusions from about the entire sector. But I spend a lot of time on different stock discussion boards and own my own website, so I feel pretty confident to state that a lot of the retail interest for the PM sector is still sitting on the sidelines. There is very little enthusiasm even though many stocks have more than doubled and tripled off their lows. This is typical of a major bottom, and the breakout in the metals will probably get some new money flow back into PMs, but we are a long way from the mania that I think is coming.

Suffice to say I like the outlook for a junior like GPR, that has so much on the go to warrant a higher share price, at the exact right time in the market to get full value for the positive fundamentals.

cheers!

mike

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