I just did my weekly peek into the world of FG. Two items (chrono order):

1) CAT lossed their fight with Platinum about the Lease vs Purchase of their Grader to FG. Thus the grader was declared owned by FG thus now owned by Platinum. So it increases the value of the "estate" a bit and thus easier to reclaim the 19.3 million owned to Platinum and get the debt of FG books. If any reorg is going to happen, it will likely occur once the Secured debt is off the books.

2) "Firstgold" hired a new lawyer, Edmund Miller. I placed "Firstgold" in quotes, because no one at Fg actually hired him. But FG's "estate" is paying for him, so technically FG is hiring him. But the doc was signed by Platinum and Eric Klepfer who is the FG operations manager appointed by Platinum. It looks from the hiring doc, Mr. Miller's hring is for the sale of the FG assets and is only to be hired untill November. So this implies there may be a buyer now. And possibly why the big volume of FG stock last Friday.

-Y