Fronteer Bought Out By Newmont, Readers Up Over 120%
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.
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