Mining for Winners in Any Market

Fronteer Bought Out By Newmont, Readers Up Over 120%

In Market Analysis, Stock Movers on February 3, 2011 at 10:00 pm

Get a FREE 30-Day Trial of my Members-Only Premium Stock Analysis Service NOW!

Even though January of 2011 brought a lot of profit taking to mining stocks and precious metals, the leadership of Newmont (NEM) has used this pullback to purchase one of my long term favorite recommendations Fronteer Gold (FRG) for a 37% premium.  I believed Fronteer was a great candidate for a takeout and mentioned it on thestreet.com over a month ago.  My premium readers have gained 120% since my 8-4-10 buy signal.

  1. [...] ETF (GDXJ), which will grow increasingly attractive as acquisition targets for the older majors. For example, the acquisition by Newmont Mining(NEM) of [...]

  2. [...] ETF (GDXJ), which will grow increasingly attractive as acquisition targets for the older majors. For example, the acquisition by NewmontMining(NEM) of [...]

  3. [...] ETF (GDXJ), which will grow increasingly attractive as acquisition targets for the older majors. For example, the acquisition by Newmont Mining(NEM) of [...]

  4. [...] ETF (GDXJ), which will grow increasingly attractive as acquisition targets for the older majors. For example, the acquisition by Newmont Mining(NEM) of [...]

  5. [...] Gold which afforded us a sizable profit as they were eventually bought out for $1.3 billion.  Click here to see prediction of buyout made on thestreet.com.  Fronteer made sure to buy 100% of the Long Canyon deposit from AuEx.  Once this deal was secured [...]

  6. [...] Gold which afforded us a sizable profit as they were eventually bought out for $1.3 billion.  Click here to see prediction of buyout made on thestreet.com.  Fronteer made sure to buy 100% of the Long Canyon deposit from AuEx.  Once this deal was secured [...]

  7. [...] Gold which afforded us a sizable profit as they were eventually bought out for $1.3 billion.  Click here to see prediction of buyout made on thestreet.com.  Fronteer made sure to buy 100% of the Long Canyon deposit from AuEx.  Once this deal was secured [...]

You must be logged in to post a comment.