MoneyWeek subscribers will already have seen some of Dominic Frisby’s work – he wrote this week’s cover story on gold and silver mining juniors (if you missed it, you can read it here: Get out of money – and into things). As you may have guessed, commodities are Dominic’s special area of interest. He’ll be writing for Money Morning every week with his comments on the precious metals markets, and whatever else catches his eye. With gold and oil threatening new highs on an almost daily basis, I’m sure that you’ll be very interested to hear what he has to say. If you have any questions or comments for Dominic, just email me at the usual address – [email protected] Now that’s enough from me for today – take it away, Dominic… Peak Gold (PIK), one of my strong tips: “Peak Gold Ltd. has entered into an engagement letter with a syndicate of underwriters … to sell special warrants of Peak Gold at a price of 75 cents per special warrant to raise gross proceeds of approximately $225 million or such other amount to be mutually agreed upon between Peak Gold and the underwriters.” Not surprisingly the stock sold off immediately… Read full this story
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