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Mineros Ord Shs T.MSA

Alternate Symbol(s):  MNSAF

Mineros SA is a Colombia-based company primarily engaged in the exploration and exploitation of gold and other related precious metals, metallic and non-metallic minerals, and hydrocarbons. The Company has its major operational centres in the municipality of El Bagre, as well as in Zaragoza, Nechi and Bajo Cauca Antioqueno, which are located in the department of Antioquia, with a an annual average production of 120,000 gold ounces. As of December 31, 2011, the Company owned such subsidiaries as Proyecto Sabaletas SAS, Exploradora Minera SAS and Operadora Minera SAS, as well as it held a minor stake in Unipalma de los Llanos SA. In March 2013, the Company acquired 90% stake in Hemco SA, a Managua-based gold and silver mining company.


TSX:MSA - Post by User

Post by HDP18on May 02, 2024 6:48pm
213 Views
Post# 36020609

Full disclosure I own shares in this company...

Full disclosure I own shares in this company...Hi All,

So here is my thinking in short form...I get paid paid to own gold by way of production thanks to the dividend...check!

Management has been doing this for a while and have shown focus to fix losing operations, without excuses...check!

A proven producer with "institutional" being primary share owners...check!

Gold price...ok...we don't know..but a US 34 Tirllion debt makes me wonder. Anyone check the JPY Yen to USD lately!

Just saying!  Do your own DD and all in my own opinion!
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