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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2489

Tuesday, 07/05/2011 5:23:23 PM

Tuesday, July 05, 2011 5:23:23 PM

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China's Jinchuan bids $1.3B for South African miner, Metorex Ltd, trumping VALE’s big of $1.1B in Apr 2011(#msg-61894211):

http://www.reuters.com/article/2011/07/05/metorex-jinchuan-idUSLDE76415720110705

I didn’t think anyone would outbid VALE for this company, but the Chinese hate to lose!

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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