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EquityTrader

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Re: 914paul post# 17312

Tuesday, 08/16/2011 12:12:14 PM

Tuesday, August 16, 2011 12:12:14 PM

Post# of 60133
A mining company could conceivably buy 10% under $.05 in the open market, then be able to effectively steer the company in the way they wanted to...even finance it. I don't think any one shareholder has more than 10%. Absolutely could buy 25% for under $1 Million and effectively do a takeover.

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