SOURCE: The Bedford Report

The Bedford Report

November 17, 2011 08:16 ET

Coeur d'Alene and Great Panther Silver Look to Rally as Silver Market Stabilizes

The Bedford Report Provides Equity Research on Coeur d'Alene Mines & Great Panther Silver

NEW YORK, NY--(Marketwire - Nov 17, 2011) - Silver prices have fluctuated along with the markets recently but are still high as investors continue to seek safe havens in precious metals. While gold may be grabbing most of the headlines, silver has been on a good run with both streaming and mining stocks performing well. The Bedford Report examines the outlook for companies in the Silver Industry and provides equity research on Coeur d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM) and Great Panther Silver Ltd. (NYSE Amex: GPL) (TSX: GPR). Access to the full company reports can be found at:

www.bedfordreport.com/CDE

www.bedfordreport.com/GPL

Silver production has been on a steep upswing in recent years aided by new projects in Mexico and Argentina. According to the Silver Institute, production gains have come from primary silver mines and as a by-product of lead/zinc mining activity, whereas silver volumes produced as a by-product of gold fell 4 percent last year. Mexico eclipsed Peru as the world's largest silver producing country in 2010, and Peru is followed by China, Australia and Chile. Global primary silver supply recorded a 5 percent increase to account for 30 percent of total mine production in 2010.

The Bedford Report releases stock research on the Silver Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Great Panther Silver's current activities are focused on the mining of precious and base metals from its two wholly-owned operating mines in Mexico. In addition, the Company is also pursuing acquisition opportunities throughout Latin America to add additional mines to its portfolio of properties. Great Panther Silver posted a 46 percent rise in third quarter revenue at C$16.3 million. Fourth-quarter output was forecast at 550,000 silver equivalent ounces, compared with 484,550 silver equivalent ounces in the third quarter.

Coeur d'Alene Mines posted a $31.1 million third-quarter profit, as gold and silver sales more than doubled on increases in prices and production. Sales of metal jumped to $343.6 million from $118.6 million in the year-ago period, as silver production rose 13 percent to 4.9 million ounces and gold production jumped 20 percent to 57,052 ounces.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

Contact Information