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Financial Post reported that OAO Severstal’s (MCX:CHMF) purchase of 1% of High River Gold Mines (TSE:HRG) caused High River’s shares to drop.
Financial Post reported that OAO Severstal’s (MCX:CHMF) purchase of 1% of High River Gold Mines (TSX:HRG) caused High River’s shares to drop.
The market news is quoted as saying:
Shares of High River, which is controlled by Severstal, fell to $1.37 in early trade on Tuesday.