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Were Hedge Funds Right About Piling Into Green Brick Partners Inc (GRBK)?


Were Hedge Funds Right About Piling Into Green Brick Partners Inc (GRBK)?
In this article you are going to find out whether hedge funds think Green Brick Partners Inc (NASDAQ:GRBK) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It’s not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market. ....

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Mongolia threatens to revoke Rio Tinto's plan for Oyu Tolgoi


Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi
Oyu Tolgoi processing facilities at sunset. Credit: Rio Tinto.
The Government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine,
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today.
The company, which is controlled by
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), said Mongolian authorities are dissatisfied with its plans and are particularly concerned about the costs of the expansion, recently updated to US$6.75 billion, about US$1.5 billion higher than its original estimate.
In 2019 Rio Tinto  flagged stability risks associated with the original project design, which translated into as much as an additional US$1.9 billion cost and a 30-month delay. ....

British Columbia , Oyu Tolgoi , Rio Tinto , Erdenes Oyu Tolgoi , United Nations , Turquoise Hill Resources , Turquoise Hill , Pentwater Capital , Superior Court , பிரிட்டிஷ் கொலம்பியா , ரியோ டின்டோ , ஒன்றுபட்டது நாடுகள் , டர்க்கைஸ் மலை வளங்கள் , டர்க்கைஸ் மலை , பென்ட்வாட்டர் மூலதனம் , உயர்ந்தது நீதிமன்றம் ,