A couple insanely undervalues miners. GPL TPRFF

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#1 Thu, Nov 12, 2020 - 12:09pm
Steve S
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Southfield, MI
Joined: Jun 19, 2014
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A couple insanely undervalues miners. GPL TPRFF

I've been waiting for earnings revaluations of the miners. He are a couple juniors that have reported earnings that are insanely undervalued.

Gran Columbia TPRFF reported earnings this morning. Earnings were $.39 for the third quarter. Its only trading at $4.78 US. This is a price earnings ratio of 3 . The SP500 PE is 35. NEM is 20.

In addition Gran Columbia owns over half of Caldas gold which is going to increase production by 5 times and is fairly valued for current production. This is currently worth over 25% of Gran Columbia's market cap for free. Insanely undervalued.

GPL announced earnings of .05 per share. It is currently trading at $.85 . That's a PE of 4.25. It also got 14 percent of its revenue from silver for any silver bugs! Mining shares haven't gotten much of an earnings bump in general. I think its bankster psyop to scare people out of the futures before Gold and Silver take off. P.S. take a good listen to Andrew Mcguire on arcadia economics. Physical market is going to force big price rise as December delivery looms!

Sat, Nov 14, 2020 - 11:16pm
raven192
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What do you think of Victoria Gold mining in the Yukon

They reported earnings last week?

Operational Highlights

  • Achieved Commercial Production at Eagle Gold Mine on July 1, 2020.
  • Mine production in the quarter was 2.1 million tonnes of ore.
  • Ore stacked on the heap leach pad in the quarter was 1.9 million tonnes at an average grade of 0.85 grams per tonne (g/t).
  • Gold production was 35,312 ounces in the quarter.
Wed, Nov 18, 2020 - 12:00am
Steve S
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Southfield, MI
Joined: Jun 19, 2014
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Victoria gold

Victoria gold has hedged 95,000 of gold at less than $1500 per ounce. Not good in a rising gold market. They will be forced to hedge until they can pay off their debt. Lost $20 million in 3rd quarter including a big loss on their derivatives. There are lots of miners without that hedge dragging them down.