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Message: Buyout rumour

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Buyout rumour

posted on Nov 16, 11 11:40AM

came out on SH following the buyout of Jaguar mining by a chinese company for $1B. The stock certainly is behaving like a buyout is coming with over 3M shares bought at $1.50 and Jitney still holding it down. The other option is they are holding it to defend short position but with volume of buying, I think that possibility is losing steam.

Glorieux

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