Cornerstone Worldwide apparently believe that the recent forced-selling by institutional investors has presented a plethora of value-investing opportunities for the retail investor.
An unnamed insider at Cornerstone Worldwide said the firm was busily acquiring stocks which, in some cases, had seen their prices drop as much as 75%.
Many of these mining concerns have healthy reserves of cash which reduces their reliance on borrowing from the beleaguered banking sector to finance operations and exploration.
Analysts at Cornerstone Worldwide are confident that although metals are in the process of being re-priced in the face of a global slowdown, in many cases, this is being overdone.
Cornerstone Worldwide clients have been apprised of a number of companies with strong production and strong cash reserves.
