Charles Lannon
Anglo American PLC
AAUKY.PK
COMMENT
Apr 29, 2010
(Pink Sheets.) This is the kind of mining stock he would own. Very diversified with assets in coal, iron ore and specialty metals. He would prefer BHP Billiton (BHP-N).
Has the largest mining companies in the world. Besides gold, they have an interest in Anglo American Platinum. If you have a good outlook on base metals, this company will be there.
The under performer amongst the big 3 diversified miners. Because it has paper and building materials in Europe and gold, it has been a laggard. New management will be getting rid of the paper assets and give a special dividend. 3% yield.