Replies to post #392 on Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

No matter how you look at this play....it is way undervalued. I don't like using those type of words..but truth be told.

I do not think we will ever revisit the recent lows unless something absurd happens(anomaly.. be it random). Hope to get closure here with regards to election come Monday(HK time)...or after the run off if such(probably). This upswing should continue as the scheme players have gotten a grasp of inventory and their allotment of such.

Happy hunting :)

[OMOLIVES]

What surprised me was the former Czech Republic(now two nations):

2015 PER CAPITA CRUDE STEEL CONSUMPTION (top 37 markets ranked)
1. South Korea 1.16t
2. Taiwan 0.88t
3. United Arab Emirates 0.87t
4. Singapore 0.85t
5. Former Czechoslovakia 0.63t
6. Japan 0.53t
7. Germany 0.53t
8. China 0.51t
9. Turkey 0.46t
10. Saudi Arabia 0.43t
11. Canada 0.41t
12. Malaysia 0.39t
13. Poland 0.35t
14. USA 0.33t
35. India 0.07t


That being said....we tend to forget nations that have yet to emerge or reemerge. One of the biggest examples is the UAE(#3).



2015



And then there is Brazil...as another reemergence. But think of all the others out there that can easily dispute over capacity issues....et al. Any how..that was the first thing that jumped out at me. So what really is the total available market(TAM)...eh? More for later...