"Ex – OT Chief joins Kincora Copper. For those of you following mining and Mongolia, this is a big deal: Cameron McRae joins Kincora Copper’s advisory board. Cameron was most recently President and Chief Executive Officer of Oyu Tolgoi, Rio Tinto’s Country Director for Mongolia, Cameron oversaw over US$6 billion investment and the successful commencement of commercial production from Oyu Tolgoi, a world class copper porphyry deposit. Mr. McRae was responsible for all aspects of the project including safety, strategy, operations and growth initiatives. Pretty good news for Kincora as it takes on its own copper development in Mongolia, next to OT (TSX: KCC)." (Source: Origo CEO blog, 28th Feb)
thanks. that post was useful. I've followed Origo and Chris Rynning, the CEO, for a long time. I think this company, trading at a well-established, asset-backed, low and still supported by Lansdowne Partners and others, covers a lot of bases for an investor : - global clean tech, china consumption/urbanisation and natural resources. The bottom line is that the Origo business model is leveraged to the latter part of a global economic cycle (global capital markets revival, EM growth/confidence, basic materials demand). And there's not a lot they can do about it except wait. I think proper investors could do worse than wait along side them because when this starts to move, it will move fast. but i accept this stock remans a bore for a day trader.
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