SOURCE: Streetwise Reports

March 15, 2017 09:00 ET

The Gold Report Interviews Great Panther Silver's CEO Bob Archer

SAN FRANCISCO, CA--(Marketwired - March 15, 2017) - Great Panther Silver Limited's (TSX: GPR) (NYSE: GPL) modus operandi is to buy a past-producing mine, get it up and running as quickly as possible, and use the cash flow to fund more acquisitions, says CEO Bob Archer in this interview with The Gold Report. Having succeeded in Mexico with Guanajuato and Topia, the company is now taking on Coricancha in Peru.

Company included in article: Great Panther Silver Limited

The Gold Report: Can you start off by telling us your perception of the silver market and how you think silver is going to perform in the Trump era?

Bob Archer: I believe precious metals bottomed near the end of 2015. Through 2016 we saw quite a nice rebound both in metal prices and in market sentiment, so that's been very positive for the industry. The price of silver rebounded a lot faster than the price of gold. That reversed the gold-silver ratio that had been going up until the end of 2015, when it peaked at about 83 or 84.

Through 2016, on a percentage basis, silver outperformed gold, so the ratio has dropped back down. At one point it got down to around 65, but it's back up around 70 right now.

I think that trend will continue: The gold-silver ratio will continue to decrease. The longer-term average over the last 10 to 20 years has been around 60. But when metal prices peaked in 2011, that ratio went down to about 35. So there is a very good sense that silver will outperform gold quite significantly over the next few years.

Continue reading this interview: Great Panther Is on the Prowl for Acquisitions

About Streetwise Reports/The Gold Report
Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:
The following companies mentioned in this article are sponsors of Streetwise Reports: Great Panther Silver Limited. Streetwise Reports does not accept stock in exchange for its services.

The full disclosure is provided at the end of the published article:Great Panther Is on the Prowl for Acquisitions

Contact Information

  • For more information, please contact
    Melissa Farley
    Associate Publisher
    Email contact