Dear subscriber,
This was a pretty strong case of a deja vu, as I tracked Midway Gold extensively on Seekingalpha, being very positive on the stock, and watching it go down into bankruptcy afterwards. However, not too much appeared to be wrong with the remaining assets, and Fiore Exploration struck a merger deal with new Midway asset owner GRP Minerals, and became a producer almost overnight. After Leagold, Frank Giustra is on it again it seems, although this time the scale is a bit more modest. Nonetheless, the combination and future plans hold lots of upside potential, you can read more about it here:
The Fiore-GRP Deal: Giustra Builds Another Gold Producer
Regards,
The Critical Investor