“Getting your boots muddy in a frontier market can be immensely profitable. That is, if you get to a boomtown before boom times, there’s plenty of money to be made. As we learned yesterday, there’s huge profit potential in Mongolia — home to the recently started, world-class Oyu Tolgoi copper mine. ‘The way I’m thinking of playing this resource boom’ says Harris Kupperman, CEO of Mongolia Growth Group (MNGGF) ‘is through the consumer, and the best way to access the consumer is retail space on the main streets’.
Today we’ll continue our talk with Harris. He’ll explain how his group could make 9-18 times their money in Mongolian real estate.”
(Visited 67 times, 1 visits today)
Related posts:
Afghan probe into civilian killings stymied by US refusal to cooperate
Singapore’s central bank lost $10.2 billion fighting Bernanke [2013]
Chaos and War
Bill Bonner: Argentina's monetary and economic mismanagement
France Doubles Down On Cash Ban: No Transactions Over 1,000 Euros
Experimental Private Rocket Makes Highest Test Hop Yet
Rest in Peace, Bond Bull Market
NATO Vows Biggest Buildup against Russia since Cold War
Plainclothes NH State Police officer gets warrant to rob reporter of his camera
The Downturn in the Spot Gold Price
Let’s Thank President Obama for Reminding Americans that They Should Distrust the IRS
Thomas Naylor, RIP
Martial Law in Boston Did Not Catch the Suspect
James Kaleda ejected from gun control hearing by NJ State Troopers
FBI, NSA Spied On Prominent Muslim-American Leaders