How to Invest in Mongolia - Mongolia Growth Group. TICKER SYMBOL (MNGGF)

Mongolia has one of the fastest growing economies with GDP growth in the teens! While here in the U.S. and many other developed nations are lucky to have low single digit GDP growth.

The reason for this Growth are the vast untouched resources that the nation has. Big mining companies Like Rio Tinto and Ivanhoe Mines are setting up shop there and are Currently building Copper and Coal mines.

Mongolia is next to China which is the worlds largest consumer of copper.

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But how can investors like me and you capitalize on the future growth of the mongolian economy?

Enter Mongolia Growth Group

(Business Summary

Mongolia Growth Group Ltd. operates as a real estate and financial services company in Mongolia. It operates through Investment Property Operations and Insurance Operations segments. The company engages in the ownership of retail, office, and residential investment properties; management of investment properties; repair, construction, and development of investment properties; underwriting of property and casualty insurance risks; and sale of property and casualty insurance. Its insurance products comprise motor insurance products, including voluntary motor third party liability; property; accident medical; and travel and liability insurance. The company was formerly known as Summus Capital Corp. and changed its name to Mongolia Growth Group Ltd. in February 2011. Mongolia Growth Group Ltd. was incorporated in 2007 and is headquartered in Calgary, Canada.)

excerpt from Yahoo Finance  

As you can see, the Company is headquartered in Canada and is Independently audited by Pricewaterhousecoppers. Listed in Canada as (YAK) and here in the U.S. as (MNGGF). The President of the Company Mr. Harris Kupperman Is the Former successful Hedge fund manager of Praetorian Capital, He Started Mongolia Growth Group after traveling the mongolia and seeing the extraordinary economic growth taking place there. He became frustrated realizing that there weren't many invest opportunities for individual investors other than mining companies which operate in a highly cyclical and political environment. 

Mongolia Growth Group is focused on investing in Retail and office space property in the capital city of Ulaanbaatar, with the basic idea that as the mining companies move in and create jobs real estate value will go up. They also have an insurance unit on the side.

It Seems clear that even though Mongolia growth group is still a very young company which is yet to become cash flow positive, That they have a lot going for them and have Acquired a large amount of Assets in a relatively short time frame.

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Lastly and most importantly in my opinion is the fact that Senior Management & the Board of Directors own 33.5% of the Shares! That large amount of insider ownership Speaks volumes about the confidence Mr. Kupperman and Co. have about the Future of the company.

This was meant to be just a quick overview of the potential of MGG (MNGGF). I will go into further detail and bring up current company events in the future.

Advisory: I Currently own shares of (MNGGF)