2013-01-02
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| COMMENT | $5.910 | CAUTIOUS | CANADIAN LARGE | No |
Interesting and very adventurous company. Very active in Cuba and now very active in Madagascar, developing a very big deposit. Pretty good entry point but the problem with big mining projects globally is that sometimes they run into cost overruns. Doesn’t know if they will be able to get the Madagascar project done on time and on budget. Great track record. Before investing, do some homework by going to the website, reading the last couple of quarters and seeing if they are on track on that project.
Michael Decter
President & CEO,
Lawrence Decter Investment Counsel