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Canadian Investing / Canada - Microcaps


Subject:  Re: Mongolia Growth Corp Date:  12/1/2011  3:38 PM
Author:  tengen Number:  3293 of 3296

Yep, this is a "story stock" with a great pitchman (Kuppy) and the valuation is most likely wildly out of whack with the financials. It's the kind of thing I've been burned on before but I find it interesting to follow the story.

In general, I wonder if there is such a thing as a "value" micro-cap. If the share price is low enough to be considered "under-priced", the business is probably in significant danger of going bust.
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