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Baja sued for $260 million in class action. Vancouver co is worth only $18 million, down 93% in 2012

Frik Els | July 27, 2012 | 8:50 pm Base Metals Battery Metals Latin America Cobalt Copper Zinc 

Baja Mining (TSX:BAJ) dropped by almost a third on Friday after announcing that class action proceedings have been commenced against it for $260 million in damages for misrepresenting the true state of affairs at its Boleo project since 2010. Friday's...

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