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Asia Resource Minerals is very risky but with large upside

By Gary Newman | Friday 2 January 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Asia Resource Minerals (ARMS) enjoyed a fantastic end to the year when shares in the Indonesia-focused coal miner shot up nearly 500%! Just two weeks previously shares in the company – formerly known as Bumi – had been trading at an all time low of just 3.6p and had seen its market cap reduced to just over £8 million.


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