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Friday, November 25, 2011

Great Panther Silver sees growth in Mexico

In an interview, CEO Robert Archer says drilling has extended the life of the company’s Topia and Guanajuato mines.
Today I’m speaking with Robert Archer, President and CEO of Great Panther Silver Ltd. (TSX: T.GPR, Stock Forum).
Mr. Archer has more than 30 years experience working for mining companies throughout North America, including Newmont Exploration of Canada Ltd., Rio Algom Exploration Inc., Placer Dome Canada Ltd. and Noranda Exploration Inc.
Rick: What’s your take regarding the silver market and PM market in general Bob?
Bob: There’s a bit of a disconnect between the physical market for precious metals and the paper market. It’s the futures market where prices are determined, the traders are so skittish these days, in terms of trying to determine trends and whatnot, they just hang on every little bit of news coming out, good or bad, and then try to jump on it thinking that this is a signal or a catalyst for prices to move higher or lower.

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