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Barchart
Anushka Dutta

Legendary Investor Muddy Waters Is Making a Rare Bullish Bet on This Gold Stock. Should You Buy It Too?

Activist short-seller Carson Block shot to fame when he wrote a damning report on the Chinese forest operator Sino-Forest. He founded Muddy Waters Research, the investment research firm, which took up the mantle of looking “through appearances to a Chinese company’s true worth.”

Contrary to his usual stance, Block took a rare bullish position on Canadian junior miner Snowline Gold (SNWGF). The renowned short-seller believes that the company has made a “first-of-its-kind” discovery in the Yukon territory of Canada. 

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