There is speculation arising of a possible merger between Endeavour Silver (EXK) and Great Panther Silver (GPR). An interesting proposition considering Great Panther Silver's recent trouble in Q2 and Q3 2011. Both silver miners have greatly benefited from the surge in silver's market price coupled with an aggressive growth profile and strategy.
The speculation centers on the synergies which would benefit both companies at Guanajuato.
Great Panther was the first to the city and other miners, including
Endeavour, quickly followed suite. Great Panther's trouble in Q2 and Q3
have dealt with refinery troubles and a 33% drop in grades. Quite the
opposite story at Endeavour who has recently detailed rich veins ripe
for mining. Endeavour's expansion in the region is restricted in part
by the efficiency of it's laboratory and production capacities.
Something Great Panther could help Endeavour out with tremendously.