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Great Panther Silver Ltd Message Board

  • tecnicaltrade tecnicaltrade Mar 10, 2014 2:51 PM Flag

    Thugs ruin a company

    I suppose this is what one has to endure. Thugs stealing whats not theirs. Resorts to killings I suppose as we witness by the news feed. I unfortunately must exit this investment. A shame.

    Sentiment: Hold

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    • ....what?

    • "...this is what one has to endure. Thugs stealing whats not theirs. Resorts to killings..." it's almost as if government is involved, except it [gov] has better media-spin [[i.e control] in any given situation, such as the disappeared S.A.jetliner, etc.

    • Update with earnings release-

      EVENTS SUBSEQUENT TO THE 2013 YEAR-END

      On March 5, 2014 the Company issued a statement to clarify speculative reports regarding disruptions by illegal miners that occurred at its Guanajuato Mine (see press release dated March 5 on SEDAR or the Company's Website). While illegal mining activities have not caused meaningful disruptions in the past, some Company personnel and local residents have lately been subjected to intimidation and escalating violence from illegal miners intent on gaining access to the Company's mining operations and stealing ore. The Company initially took a non-confrontational approach to keep the illegal miners out of the mine, but more recently hired an armed security force to protect employees, contractors and assets as the illegal miners began entering the property by force and with weapons. Earlier today, the Company announced that approximately 60 people gained unauthorized entry to the Company's main administration building and plant facility in Guanajuato and at this time they continue to illegally occupy the facilities. All employees and contractors are safe and accounted for, and are off site. There have been no reports of any violence. Mining, plant and administration services have been shut down until the situation is resolved. The Company is working with municipal, state and federal authorities to find a peaceful and expedient resolution to this situation, however, is currently reviewing all options to regain custody of its facility and ensure the security of its operations and people.

    • sell it to me!

 
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