Meteoric is an interesting one. I have been in and out twice, and have yet to get it right. Andrew Tunks is one smart guy, I have followed him for a while in the belief that eventually, he will get onto a big winner. One of the companies that he was involved in a few years back, which, unfortunately, ended up folding long after he departed, had some great ground. So, mostly because he was such a believer in the ground, I have continued to follow the story. The company that ended up with the ground, came up with a different strategy to develop it. Instead of constantly raising money from investors, they brought a producing mine just down the road, and intend to use that mines free cash to develop the ground that Andrew was so keen on. I can't help but wonder if Meteric should do the same.
This is the mine they have just taken over, it is not listed as yet and will be a Canadian listing when it does, so no cross-promotion, just a good strategy in my view.
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