Why investors are being forced to rethink their valuations of mining
HOLLYWOOD, FL, Feb. 25 /CNW/ - Join Donald Coxe, Global Portfolio
Strategist, BMO Capital Markets, by conference call for an update on his
outlook for the global metals and mining sector.
Speaking from BMO's Global Metals and Mining Investor Conference in
Hollywood, Fla., Mr. Coxe will provide a brief commentary and then take
questions on Wednesday, February 27, 2008 at 11 a.m. (EST).
"Seven years ago the total stock market capitalization of the world's
twelve largest mining companies was less than Cisco's. The mining industry had
gone through 21 years of decline, disappointment and despair. Metal prices
were at levels that made few mines profitable," said Mr. Coxe. "Today, the
industry is booming and the best for the miners is yet to come."
Mr. Coxe will discuss:
- Long-term growth and the expected temporary slowdown in base metals
- The return of China and India to the leadership of the global economy
- Outlook for the precious metals producers
- Why investors are being forced to rethink their valuations of mining
companies based on a flood of negative projections of the industry's
- How mining stocks have been hurt by the sub-prime mortgage mess
Wednesday, February 27, 2008
11 a.m. (EST)
Conference Call Number:
888-789-9572 or 416-695-7806
Passcode: 3253461 followed by the number sign
Full copies of Mr. Coxe's latest Basic Points report entitled "The Music
of the Metals Markets" are available upon request.
A playback of the call and one-on-one interviews will also be available.
With 35 years of institutional investing and money management experience
in the United States and Canada, Donald Coxe has a unique background in
North American and global capital markets. As Global Portfolio Strategist for
BMO Capital Markets, the investment and corporate banking arm of BMO Financial
Group (NYSE, TSX: BMO), he publishes a monthly institutional portfolio
strategy journal, Basic Points, which is distributed in North America and
For further information:
For further information: Media Contacts: Kim Hanson, Toronto,
firstname.lastname@example.org, (416) 867-3996 or (416) 624-8905; Holly Holt, New York,
email@example.com, (212) 885-4153; Internet: www.bmocm.com