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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 Mar 15, 2024 4:40pm
102 Views
Post# 35935724

Trying to understand something here...

Trying to understand something here...Granted this company had some past challenges but with sale of sub performing holdings, decent aisc, production of 250k oz per annum, profitable,  relatively low share float and plus dividend...why the crickets here?

And did I mention current gold prices.

Is the perception they will never grow into a 1 million oz producer?   They could I suppose given the track record and longish company history.

Time will tell but there are a lot of non producing companies that are trading at a higher valuation so makes you wonder what is the hold back on this one.
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