RE:Mentioned in SA article Gran Colombia (OTCPK:TPRFF)
This is a company I just recently doubled my position in because it's insanely cheap. Its EV/EBITDA is trading at 1.64, its price to book is trading at .09, it's so cheap right now I had to buy it. It might be the cheapest mining stock out there. If you look at my last article about them, that seemed to be quite a hit as people are still commenting on that article that was written roughly one year ago.
I was pleased with these results, but what excited me the most was the extension of its 2020 debentures
In conclusion, I believe that these stocks are being undervalued by the market, and I believe that Gran Colombia is super cheap and both will benefit greatly from the next leg up in this current bull market in precious metals, which I believe will occur again the second half of this year or sooner. This is just my opinion.
In the next couple of days, I am hoping to write a follow up on two other companies I wrote about last year. Follow me on Seeking Alpha to get more analysis about resource equities, the economy, among other market insights. Hope you enjoyed my article.