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AAUKY - What Is A Good Long-Term Price Assumption For Iron Ore?
Anglo American Plc ADR
Why A Long-Term Price Target?
A core strategy I use when it comes to investing in mining companies is to analyze the fundamentals of each primary metal produced to determine a reasonable long-term price for the metal which I then use in my financial models for mining companies. I find this to be imperative because it helps me determine when to buy low and sell high - avoiding miners valued with metals' price assumptions that are too high. There is certainly not much of this going on nowadays, but the day will come when it