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Anyone look closer at FMG. "FMG.AX is the miner I would look most closely at as they appear undervalued from my quick look. I used to consult to mining companies and that put me off investing in them, but if you are prepared to trade them rather than buy and hold you can make money quickly." http://boards.fool.com/Message.asp?mid=27633718 25 April around $2.50 adn lower since then

Today. big jump
http://www.theaustralian.news.com.au/business/story/0,28124,...
around $3.07. I still think it is undervalued by around 50%, but that is only from a cursory look.

and to double kick myself, one of my attractions to Leucadia was it's investment in FMG. I owned LUK for one month, March to April, OK profit but what an idiot, in hindsight.

Fortunately some other things are working out OK.
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