RE:RE:Facts about BF and Teranga
fogduckker wrote: MM, great post and geography lesson. And to paraphraze Rick Rule "I will always take a top tier mine with excellent grade in a risky geopolitical place over an average mine in a safe area."
Thinking we may get sort of lucky here and get an extra risk premium for this stock even tho it may be safer than generally assumed.
Rick Rule is an amazing picker ( and Yes he's prepared to take risk )
best example I have is IvanHoe Mines in the DRC ( copper) and South Africa ( Platinum & palladium)
watched an interview with him years back were he laid out all the risks and potential. I Bought it right after for 80 cents. Sold it all about a year or so later over $4. Reloaded in the high $2's. Now high 3's again based probably on Palladium potential
TGZ is in Shangri- la comparatively speaking.