Post by
drunk@noon on Apr 26, 2021 3:34pm
The ironic sell-off of this POS Fvi, shows you what kind of
math deficient AHo's own a company like this. Assets in Peru where if not nationalized, tax rates are about to jump up to something in the 70-80% range between TR and Royalties if latest political darling wins the election. Then their is Argentina which is basically uninvestible given polical volility and tax rates.
Comment by
danale on Apr 26, 2021 4:23pm
Keep in mind that, COMBINED, Peru and Argentina account for less than 25% of Mexican production
Comment by
Photobug1 on Apr 26, 2021 5:38pm
It is quite normal for the purchaser's share price to drop for a while, such as EDV or KL, but in time it will come back and in a couple of years it may make them look like they got a good deal.
Comment by
Curbside100 on Apr 27, 2021 1:54pm
Thats a definition of a long term investment --when a short term went bad