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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.970-0.5%Oct 31 9:30 AM EDT

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To: refugee investor who wrote (1324)9/26/2013 9:10:51 AM
From: refugee investor  Read Replies (1) of 1366
 
Kinnevik article:
ft.com

It is not surprising since that is how they have made 20% returns for so long, by selling shares to other people. They usually hold about 33% of something and float the rest--feed the market so to speak. I knew there had been a big bump up this year, but I thought it was because they sold their Russian cell phone business for $3-4 billion. Oh well, I will have to wait until the hedge funds rush out and the price goes down.

Say, what do you make of Fairfax buying Blackberry? There has to be an easier way to make a buck.
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