jason hommelseems to like baja. A mention from him often moves shares quite a bit.
Will be interesting to see what happens tomorrow AM...
This from his newsletter;
"So, my number two holding right now, that I purchased on the open market, is Baja Mining (BAJ.TO, BAJFF.PK). I own about $900,000 worth of stock all purchased recently on the open market. Baja has about a $240 million market cap (that's the company value if you multiply all the shares times the share price of $1.72). Baja is a copper/cobalt/zinc project in Baja, Mexico. With the cobalt and zinc credits, they should be able to mine the copper at negative cash costs, or in other words, for every pound of copper that they mine, it costs them nothing, and they earn more than the copper is worth! Baja could earn $700 million per year, and they should have a final, bankable feasibility study due out any day now. So, it's a relatively safe, very undervalued, late stage mining project. They have a forward P/E ratio of about 0.4, and anything under 10 or 20 is considered good. I expect I may be able to double my money in this stock in about 12 months, or even less. Longer term, I may be able to make about 300-500% in this stock in 2-3 years."