sevensphere

The great PUSSY CAT trade

Long
sevensphere Updated   
TSX:GPR   None
GPR will release their next earnings in 10 days.

If the earnings for the quarter is the minimum of 0.03, it will make the P/E ratio TTM of GPR around 5.

The problem is the correct price for an intermediate miner like them is 11 and can go to 18 very quick (weeks).

The analysts already talk about a 3$ target on it, or 200% gain. But its going higher than that.

That company revenue are set to continue to grow in 2021 / 2022 / 2023.

The target this year is another 150k oz of gold + their silver.

Trade at your own risk!
Comment:
After earnings update :

We wont sell a intermediate profitable miners at a P/E ratio TTM of 6. It wont happen!! Do you believe in GPR 0.70$ (GPL 0.55$ USD)??? Do you believe in an intermediate profitable junior gold miner at a P/E ratio TTM of 3 during a commodity super-cycle? End of the story, we wont sell!! You need to kill us!!!
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