Valuations are traditionally done in boom times and bust times, and they are done very differently in both times. I am going to go over how to value a mineral property in a full market cycle. I am not going to focus on any one project, but I will draw conclusions that can be applied [...]
Entries from August 2008
August 6, 2008
Nationalization is part of the cycle
The Herald Sun: Whole new ball game A key note to the Guinea government: Next time you want to nationalize something, wait for the rail line to be built. I mean seriously, if you are going to take Rio Tinto, do it right. Get them to invest at least 1-2 billion in capital and get [...]
August 1, 2008
Put government back in the equation
Does government have a place in business? This is a question that I have been debating for awhile. Orderly markets require regulation, and regulation has to come from government. Too much regulation and you end up messed, too little and you end up fried. This is sort of like cooking a frog. Now government has [...]
