2012-12-28
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| DON'T BUY | $4.150 | BULLISH on PRECIOUS METALS | MARKET NEUTRAL INVESTING: SMALL/MID-CAP | No |
Main project in Brazil used to be a producing mine in the 80's. A lot of indigenous people were mining there but it shut down in the 90's. This company then took over the property. They have a deal with the Brazilian government and the union which represents the indigenous people. Also, did a streaming deal with Sandstorm Gold (SSL-T) a little while ago. He had been Short but once Sandstorm came in, he covered his Shorts. It has continued to decline. There are other names he would prefer. (See Top Picks.)
James Hodgins
Chief Investment Officer,
Curvature Hedge Strategies