2012-12-28
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| HOLD | $7.260 | BULLISH on RESOURCES | RESOURCE | Unknown |
One of the largest undeveloped copper/gold mines globally (in Mongolia). The concern is that the Mongolian government has been postulating and trying to get higher taxes and royalties. This has made investors nervous. Once the company starts production, they should be generating excellent cash flows.
Michael Giordano
VP Investments & Portfolio Manager,