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Model Mining Portfolio: Money to Burn…

MINING.COM Staff Writer | November 30, 2010 | 9:19 am Battery Metals Rare Earth 
  • A tidal wave of money has swept across the mining sector with companies which do not need money frenziedly raising extra cash
  • M&A activity has heated up with several transaction every week amongst juniors and mid-sized companies with an increasing tendency towards all-or part-cash bids
  • Rare Earth stocks attracted some shorting interest after a heavy swathe of financing but managed to get back on an upward path
  • Uranium made it above $60, up over 20% for the month, reigniting the stocks in the space

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