China Mining Resources Group Limited aka “China Mining” recently announced their indirect acquisition of Fortune Minerals Limited (FT.TO). The purchase was conducted by Best Tone Holdings Limited “Best Tone”, which is wholly owned by China Mining. This procurement is a combination purchase of common shares and warrants. Now China Mining holds 15.31% ownership of Fortune [...]
Canadian Stock Talk
Category Archives: Gold
Once Again, the Spotlight is on Gold
This is a guest post from a Canadian Investment Team (Andrew Johns) at Raymond James Financial.
In our September 1st Market Update, we discussed the seasonal trade (that gold tends to rally at this time of the year), and this year has proven to be no different. The TSX Gold Index rallied by 8% that [...]
