Today I received a mail from Inca Pacific (IPR.v) that had a PDF overview of the company and its very nice Peru copper/moly project attached. The email and the PDF pointed out just how far the company has sold off and how ridiculous the current share price is compared to the facts about the company
(which include the minor detail that even cash at bank is more than its current PPS...yes, it's gone that stupidly cheap).
I've always liked this company, and even visited its Magistral project site about a year ago
(and was suitably impressed). So I'm pleased to see the "little guys" fighting back against this ridiculous market and getting back on the honest to goodness "look we're cheap" promotion trail.
Here's a link to download the PDF overview of the company I was sent. It's only two pages long and downloads quickly, but it is packed with information that we can all understand and appreciate, and outlines the strong management team, the project and the current position of the company on the exploration and mine construction track.
Here's the link again, so there's no excuse not to download your copy. You'll be glad you did one day. DYODD dude, and that DD starts right here.
disclosure: none
It semi-affects Latam so it gets in. This PR today told the world that Sprott Moly Fund (MLY.to) is going to distribute assets to shareholders due to the ongoing malaise in the moly market. Fair enough, so let's see how that has affected the market today. Here is MLY.to compared to its four largest equity holdings, Thompson Creek (TCM.to), Quadra (QUA.to), Mercator (ML.to) and Inca Pacific (IPR.v)
Or in other words, "dump the shares, there's cash being given away over there, boyz."