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Xstrata drops $10B takeover bid

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Xstrata drops $10B takeover bid The Anglo-Swiss mining giant dropped it takeover offer for British rival, platinum miner Lonmin. That was a bear trap. I was not invested in there because it looked like it may be a setup. What is your opinion there guys.
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platsak
Super Contributor
Look at the Lonmin chart. Is there value at this level.
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