Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Rick Rule commented about whether RMC-X, ANF-X, IVN-T, DGC-T, RNX-T, PVG-T, WKM-X, NGD-T, PAAS-T, NG-T, NDM-T, TECK.B-T, MAX-T, WPM-T, GRG-X, GOLD-T, RMX-T, YRI-T, CDB-X, PTM-T, NMI-T, IVN-T, FNV-T, AXY-T, CCO-T, MGA-T, SSRM-T, BSX-T, FCO-T, MPVD-T, KAM-X, OR-T, THO-T, AR-T are stocks to buy or sell.
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Robert Friedland is the most successful mining financier of his generation. This company has 3 world scale projects in it. It is very well funded with over $500 million in cash in the company. This is as good a pick as he has had in 40 years. Understand there is political risk, which is high.
This is subject to a takeover offer from Nevsun (NSU-T). The knock against Nevsun is, will they do something stupid with the $400 million that they have in the treasury. The next question is, how do they grow, by buying the superb deposit in Serbia. He expects Nevsun will go up substantially in price having acquired this company. The cheaper way to play this is by owning the company that is being acquired.
