Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.
Lemieux believes that with the wheat separated from the chaff over the past tumultuous year, the truly strong companies have emerged. But you may be surprised by the jurisdictions he predicts will come to life in 2014.
Despite a two year campaign aimed at cleaning the sector and removing all unlawful operations, China has admitted that its rare earth industry still suffers greatly from pollution, smuggling, and illegal mining.
Your willingness to buy a stock should not be diminished by the fact that it has fallen in price. In everyday purchases, we want to buy things that are selling at discounts. In investing, people tend to prefer stocks when they are expensive and hate them when they are cheap.
