Albert Friedberg and his Friedberg Mercantile Group were listed among the top 40 highest earning hedge fund managers in the world by Forbes magazine in 2011.
More recent rankings weren’t immediately available, but when the Toronto-based trader with billions of dollars under management invests in a junior mining company, its stock tends to take off like a greyhound after a rabbit.
That’s precisely what happened this week when Golden Predator
(TSXV: GPY) announced that an entity controlled by Friedberg and members of his immediate family called FCMI Parent Co. had purchased four million common shares and four million warrants in a $4.3 million financing by the junior.
Read the entire story at www.NorthernMiner.com/news/golden-predator