Compania de Minas Buenaventura SAA (ADR) (Page 3)

The following company description is from Google Finance: http://www.google.com/finance?q=bvn

Compania de Minas Buenaventura SAA (Buenaventura) is a Peru-based mining company engaged in the exploration, exploitation, processing and sale of gold and silver, as well as other metals and minerals. It operates seven mining units located in Peru: Julcani, Recuperada, Orcopampa, Poracota, Uchucchacua, Antapite and Ishihuinca. Through Sociedad Minera El Brocal SAA (El Brocal) and Compania de Exploraciones, Desarrollo e Inversiones Mineras SAC (Cedimin), the Company is involved in the operation of the Shila-Paula, Marcapunta and Colquijirca mines. It also owns electric power transmission company, electric power generation company and engineering services consulting company, as well as has interest in other mining companies, including a 43.65% interest in Yanacocha, a Peruvian partnership, which operates South America’s gold mine, and 19.26% stake in Cerro Verde, a Peruvian company that operates a copper mine located in the south of Peru.

Confident Investor comments: Few companies have this much green showing on the metric scorecard. At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal.  Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio.  Over the coming days, this site will evaluate each stock on the Watch List.

The following company description is from Google Finance: http://www.google.com/finance?q=bvn
Compania de Minas Buenaventura S.A.A. (Buenaventura) is a precious metals company engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company operates in the Julcani, Recuperada, Orcopampa, Poracota, Uchucchacua, Antapite and Ishihuinca mines and have interests in other two mining companies, which operate the Colquijirca, Marcapunta and Shila-Paula mines. It also owns electric power transmission company and an engineering services consulting company and have interests in other mining companies, including an ownership interest in Yanacocha, a Peruvian partnership, which operates South America?s gold mine, and Cerro Verde, a Peruvian company that operates a copper mine located in the south of Peru.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.