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Subject:  Mongolia Growth Corp Date:  11/17/2011  12:34 PM
Author:  tengen Number:  3291 of 3296

Anyone else keeping an eye on YAK-CN? It's a frighteningly small company ($7 million market cap) trading on an obscure exchange. They do have an interesting business model (selling picks and shovels in mineral rich Mongolia). I stumbled across YAK because it's being run by Harris Kupperman, who I think many people know from his investment blog.

I googled around a bit and found a few odds and ends.

A picture of Kuppy in his Mongolian office:

An interview from June:

This is a guy the Occupy people should love. As CEO, he gets no compensation of any kind: "Nothing. No stock options. No salary. No bonus. No performance allocation. Nothing." He owns a major piece of the company so he will do well if the company does well.

Looks extremely risky but I'm sufficiently intrigued to do some more digging.
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