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Bullboard - Stock Discussion Forum 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... see more

TSX:MSA - Post Discussion

Mineros Ord Shs > Undiscovered gem!
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Post by AlfTanner on Sep 02, 2024 10:27am

Undiscovered gem!

This stock is an undiscovered gem.  The company has been around for 50 years, but they listed on the TSX just a few years ago, and no one seems to know it exists.  In Q2 they earned $18M.  Annualized that is $72M, and the market cap is $240M.  They will earn their entire market cap in 3.3 years.  In addition, they are paying a $.09 dividend this year for a yield of 11% plus an additional special dividend.
 
This stock will eventually be discovered by the market, and the stock price will triple to a reasonable valuation.  I have been buying the U.S. tracking symbol MNSAF.  The U.S. symbol does not have a bid/ask, but I have been putting in limit orders and getting shares that are probably transferred from the Canada exchange.
 
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