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Basque Trader

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Basque Trader

Re: badge0913 post# 45974

Monday, 01/04/2016 2:07:41 PM

Monday, January 04, 2016 2:07:41 PM

Post# of 63744
They have already followed a similar procedure with Gold One (australian mining company) some years ago. Baiyin bought first a 18% stake in Gold One and three months later, they bought it out.

http://www.bloomberg.com/news/articles/2011-05-16/chinese-state-investment-group-buys-gold-one-for-its-south-african-assets
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