good story

Breakaway Resources Breaks Away From LionOre

By Our Man In Oz

British royalty is routinely born with a silver spoon in its mouth. In Australia, such an event is rarely seen, though in one incident earlier this year a new mining company was born with a nickel-plated, copper-cored, spoon stuck firmly in its chops. Breakaway Resources was conceived by the Canadian listed nickel miner, LionOre Mining, born in Oz, and sent off into the world with a knapsack stuffed full of family heirlooms – of the grass roots exploration variety. Today, with its shares hovering around a high of 53.5 cent mark, Breakaway is starting to leave its launch price of last May behind, which is more than can be said of most recent IPOs in a market uncertain about the future direction of commodity prices. But, if any pure exploration company was born to succeed it is Breakaway with its combination of cash, royalty flow, vast tenement holdings, and a team of explorationists who have migrated from LionOre to its offspring... more ..

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