The new "West Africa" - Mongolia

In fact, Mongolia is doing better than my West African miners. AKM has more than doubled and VOR is nearly doubled. But HUN is only slightly up and GMM is slightly down. What does this mean? HUN has gone up 5x since it was floated in the last 12 months. But neither HUN and GMM are conspicuous on the ASX. Watch especially GMM as it is mining potash. If BHP offers a higher bidding price for Potash Corp; all the potash miners will rise in value too. So why not go for a current laggard? And in Mongolia!

When I first bought my 4 Mongolian stocks, AKM was the laggard.... That is history at the moment. You have to hope a big investor takes an interest and that happened to AKM. Most investors are blind until one person, with a deep pocket, sees.