InvestorsHub Logo
Followers 81
Posts 2575
Boards Moderated 0
Alias Born 02/15/2011

Re: HokieHead post# 141

Saturday, 03/23/2019 11:31:18 AM

Saturday, March 23, 2019 11:31:18 AM

Post# of 296
I recieved this email from the company.

Good morning Brandon. I typically look at a few important issues when looking at any stock:

1) the commodity itself. In Macarthur's case the outlook for iron ore has become increasinly bullish with the price moving up sharply recently and the mid and longer term outlook has improved. overall, i believe the fundamentals look good and i like the iron ore sector

2) management. I have known Joe Phillips for over 10 years and joe and his team are very smart, connected and i believe have the skillsets and ability to execute. Strong team

3) the asset. Excellent location, sizable resource and decades of life

Overall i think Macarthur is well positioned and over the next few months should achieve several significant milestones. 

Of course all this being said there are always numerous risks involved when investing in small caps. I always recommemd consulting an advisor and ensuring only risk capital is used.

Cheers


BE A LEADER, FOLLOW NO-ONE