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Mining and Forestry
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Re: WTN taken out by Walter EnergyA quick overnight profit of over 10% on WTN, some bought it at a bit over $1 after the '08 market plunge. GCE, CMK, even FT(Fortune Minerals) are green on the WLT news. If steel producers want to protect their coking coal sources from the Chinese this takeover trend may continue. |
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