Any thoughts on AUCOY-Polymetal

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#1 Thu, Jan 9, 2020 - 2:05pm
Joined: Jan 2, 2020

Any thoughts on AUCOY-Polymetal

I heard Rick Rule mention this company. It is a Russian company that is available on the pink sheets. It pays a 3.25% dividend. It looks like the Ruble is in an uptrend and the Dollar is in a downtrend so there is the currency appreciation. I cannot help but think the regulation would be less and the labor and energy to extract would be less expensive as well. I like the idea of buying unknown Russian companies.

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