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John Polomny
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John Polomny is an individual investor and speculator seeking unique, overlooked, and well researched opportunities and speculations from all over the world.
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  • Mongolia on Bloomberg 0 comments
    Oct 26, 2011 4:01 PM | about stocks: TRQ, RIO

    Peter Morrow, deputy chairman of Newcom Group, speaks about the outlook for Mongolia's economic growth and investment opportunities in the country.

    Here is the link.

    One fact that sticks out is Rio Tinto and Ivanhoe are spending seven million dollars each day building Oyu Tolgoi. That money is circulating into the economy and raising wages across the board as even day laborers wages are up 100% in a year.

    Stocks: TRQ, RIO
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