Lepanto Consolidated Mining Company is a Philippines-listed gold mining company. As of Dec'06 the company had reserves of 1 million ounces of gold, though it was not profitable according to its latest financial statements by Google. Unbelievable given the gold price. I dont know much about this stock, though it has fallen to a strong support level. On technical grounds I like them, but the fundamentals look dubious. See Google Finance and my discussion forum for any news updates.-----------------------------------------
Andrew Sheldon www.sheldonthinks.com
1 comment:
Nice blog. Thank you.
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