Lebed.biz Alert – GPR could be ride of our lives!
Sep 7th, 2009 by beststockreport
Great Panther Resources (TSX: GPR) could be the ride of our lives! The biggest gift you can give to your friends and family members this Labor Day Weekend is to tell them to research GPR.
There is a massive concentrated short position in silver. Two U.S. banks, the main one being JP Morgan… are short 25% of the world’s annual silver mine production. This is an all time record high for all commodities.
JP Morgan acquired most of their short position from Bear Stearns when they took the firm over last year. At the time that Bear Stearns failed in March of 2008, silver prices simultaneously hit a multi-decade high of $21 per ounce. The rise in silver prices was one of the main reasons Bear Stearns failed.
Now that silver prices are up to a 13-month high of more than $16 per ounce and China is beginning to urge their citizens to invest in silver, I believe the biggest short squeeze in history is coming. I predict next year we will see silver prices increase by $3 to $5 in single days. Silver is like a coiled up spring getting ready to explode. I wouldn’t be surprised to see $50 to $75 per ounce silver in 2010.
In my opinion, the best way to capitalize on the upcoming silver mania is to discover primary silver producers that are rapidly growing with very low production costs. GPR fits this description better than any other company I know.
GPR’s 100% owned world-class Guanajuato silver deposit is currently operating at 500 tonnes per day with plant capacity of 1,200 tonnes per day. There is huge potential for production expansion without any dilution to shareholders.
Take a look at this chart below. GPR has seen steady production growth during 11 of the past 14 quarters:
GPR has a third project not in production yet called Mapimi, which has a global resource of 28.6 million recoverable silver equivalent ounces. Imagine what GPR’s annual production will grow to if they decide to develop Mapimi!
GPR is the opportunity of a lifetime! They had the lowest production costs last quarter out of all junior primary silver producers in Mexico at only $5.73 per ounce!
Here is a link to GPR’s current quote: http://finance.yahoo.com/q?s=gpr.to and here is a link to GPR’s web site: http://www.greatpanther.com
—–
My firm Lebed Biz LLC has been compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
Lebed.biz
Staff