Oxford club teaser

By zeke7, November 20, 2012

Jeff Yastine of the Oxford Club is promoting a company with a world class copper and gold discovery in a desert next door to China that is touted to become a world dominant mine.. The developer is a ”Steve Job’s Mentor” and apparently has financing in place and starting to mine late this year. Any ideas?

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Travis Johnson, Stock Gumshoe

Yep, we wrote about that one here: http://stockgumshoe.com/reviews/oxford-club/how-steve-jobs-mentor-turned-a-5-million-pipe-dream-into-a-340-billion-reality/

And for what it’s worth, political wrangling and other concerns have brought the shares down a good 20% or so since we first noticed the teaser ad … lots of uncertainty, the government is raising taxes on the project in contravention to their most recent agreement but, well, governments have been known to do that and worse to miners from time to time.

I have no idea how this will shake out, but there’s a good recent take on the political squabble here, FYI: http://seekingalpha.com/article/1017351-rio-tinto-vs-mongolia-destination-unknown