Daniel Moser

Mining Companies - Perfect for an Inflationary Environment

I wanted to clear up something just in case there was any confusion. When I mentioned RIO, I am referring to Vale which has the stock symbol RIO. I am not referring to Rio Tinto.

Mining Companies - Perfect for an Inflationary Environment

If I could only buy one mining company, I would error on the safe side and go with the biggest player which is by far RIO. I don't necessarily think that RIO will outperform the others but the risk of some gigantic catastrophe in RIO is by far less than the others. If it was a smaller overall portion of your total portfolio I would go with FCX. I am pretty confident (but I will have to review it later on) I believe FCX has more production/production capacity than PCU. In fact FCX has one of the world's largest, if not largest, gold mining operations in Asia. Yet, FCX trades at a 3 billion dollar market cap discount to PCU. Make no mistake about it, I believe PCU is an awesome company.