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1/2/17

I can't even begin to tell you how much I agree with John Hempton...

...and his little post-script comment left at the bottom of his latest post, entitled "Valuation and investment analysis".
"PS. If you work for a shop that requires a valuation for everything quit now. The pretence will either kill you or your performance."
Canadian junior mining anal ysts on the IKN daily mailer list, I'm staring you in the face right now. And yes of course you should read the whole thing.