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About: Caesars Report helps retail and institutional investors profit in the equity markets. We cover many companies in our Research Reports, Trading Alerts and Stock Portfolio. We have advice for every investor no matter how big or small their portfolio may be. We prefer smallcap stocks above... More
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  • Mining Top 25 for 2010 - 11 - Baja Mining Corp. 2 comments
    Jul 16, 2010 9:23 PM | about stocks: BAJFF



    This article was released in January 2010, so a lot has changed since then. Track our “Mining Top 25 portfolio” at caesarsreport.com/portfolio or sign up at caesarsreport.com to receive all reports and alerts live, free of charge.

    Price  C$ 0.720

    Ticker 
    BAJ.V
    O/S  143,394,000
    Avg. Volume  196,600
    Market Cap  C$ 103.02M
    Sector  Mining (Cu, Co, Zn)
    Countries Active  Mexico
    Cash  C$ 28M


    52 Week Low:  C$ 0.170 (12/30/2008)
    52 Week High:  C$ 0.970 (10/7/2009)


    Company Statement

    Baja Mining Corp. is a Canada-based company engaged in the exploration and development of its mineral properties in Mexico. The Company’s primary focus is the development of the El Boleo copper-cobalt-zinc-manganese deposit (the Boleo Project) located near Santa Rosalia, Baja California Sur, Mexico.



    Positive / Negative

    Positive: World-class Project, extremely-low cash cost for copper, even negative cash cost if we assume Manganese as by-product., Backed up by large Korean companies who also take care of financing
    Negative: We are impatient for the financing deal, high CAPEX

    Main catalysts for 2010


    - Financing for their 70%owned Boleo-project
    - Final results regarding production of Manganese as by-product
    - Start of construction of the mine.


    This article was released in January 2010, so a lot has changed since then. Track our “Mining Top 25 portfolio” at caesarsreport.com/portfolio or sign up at caesarsreport.com to receive all reports and alerts live, free of charge.

    Disclaimer
    Please read our full disclaimer on the website here.

    Disclosure:
    We hold a Long position in Baja Mining Corp., this means we are biased, so please always do your own research.

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Comments (2)
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  • Matthew T.
    , contributor
    Comment (1) | Send Message
     
    When will you post the other companies?
    17 Jul 2010, 07:43 PM Reply Like
  • Caesars Report
    , contributor
    Comments (3) | Send Message
     
    Author’s reply » Matthew,

     

    We're glad you're enjoying our Mining Top 25. We'll upload the other companies within a month or sooner, if you can't wait until then, simply sign up at the website for free (caesarsreport.com/reports) and download our Mining Top 25 pdf.

     

    Kind regards,
    The Caesars Report Team
    18 Jul 2010, 07:55 PM Reply Like
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