About a year ago, I stumbled upon his column in the inquirer. "Beg, borrow and steal" he said, and use the money to buy into mining stocks. He was of the belief that this would be the next big thing in the Philippines. He recommended a few companies, but I took note of one, PX.
I remember PX, because its the only mining company our broker would recommend. At that time, it was the only listed mining company with actual production.
The numbers tell a good story. PX was trading then at Php3.7. Around November last year, PX went above Php11.00. Last friday it closed at Php9.2.
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