GMI global mining investments limited

Anyone who's bullish on resources, there's a listed fund Global...

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    Anyone who's bullish on resources, there's a listed fund Global Mining Investments (GMI) who have exposure to RIO, BHP and a host of International resource companies.

    It's managed by Merrill Lynch and has a Net Tangible Asset value of about $1.30, but is trading for about $1.06.

    Want leverage? They also have an option, exercisable at $1 GMIO.

    More info and a pres available at the ASX.

    Don't say I didn't tell you.

    Cheers

    PS I own both the shares and the options.
 
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