n Investment Analysts Journal - Performance of newly listed mining stocks on the London AIM and Toronto TSX-V Stock Exchanges
|Article Title||Performance of newly listed mining stocks on the London AIM and Toronto TSX-V Stock Exchanges|
|© Publisher:||Taylor & Francis|
|Journal||Investment Analysts Journal|
|Author||N.K. Smithson and C. Firer|
|Publication Date||Jan 2007|
|Pages||31 - 41|
ISI Social Science
Mining is a highly capital intensive endeavour and access to equity capital a key requirement for the development of a mine. New mining issues are difficult to value since unseasoned companies often have no past earnings history on which to base predictions of future earnings. Some equity markets have developed large mining boards, and investors seeking the promise of the high returns risky mining investments often focus their attention on these markets.
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