Lebed.biz Alert – GPR just reported record 4Q production!
Great Panther Silver (TSX: GPR), my #1 pick for 2010, just reported record 4Q 2009 production of 625,288 silver equivalent ounces a 26% increase from Q4 2008! It includes 390,026 ounces silver, 2,456 ounces gold, 205 tonnes lead and 248 tonnes zinc. This marks 13 out of 16 successive quarterly increases since GPR commenced production in 2006, and 2009 represents the fourth consecutive year of production growth for GPR!
For the full year of 2009, GPR produced 2,202,456 silver equivalent ounces, a 22% increase over 2008, and 6% higher than the target for 2009 of 2.07 million Ag eq oz. Total metal production for the year includes 1,456,830 ounces silver, 7,151 ounces gold, 871 tonnes lead, and 1,057 tonnes zinc.
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time. 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
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