03:59 PM EST - Great Panther Silver Ltd. : reported fourth-quarter net income of $ 1.04 million or $0.01 per share, compared to a loss of $1.18 million or $0.02 per share in the prior-year quarter. Mineral sales for the quarter were $9.85 million, up from $5.48 million in the year-ago quarter. Great Panther has initiated its new strategy to accelerate production and increase resources at both Guanajuato and Topia. The new plan forecasts increases to 2.6 million Ag eq oz in 2010 and to 3.8 million Ag eq oz by 2012. Great Panther Silver Ltd.
shares T.GPR are trading up $0.01 at $0.91.
