Corporate waste at Baja Mining

Baja Mining has beautiful headquarters.  Check out the website of the company that helped decorate it:

This is the kind of nonsense that goes on in the junior mining world.

Baja Mining is currently a penny stock.  Its shares literally trade for a penny.

*Disclosure: No position.

Advertisements

Baja Mining (TSX:BAJ)… dodged that bullet

I wrote a post on Baja Mining on Sept 8, 2011 but never published it because I didn’t really understand the mysterious cost inflation of the project.  Around a year later, the stock has gotten crushed as it has revealed that its mine is not as economic as originally expected.  Here is my original post: