Polo Resources lifts stake further in Caledon

Date : 09/23/2008 @ 4:59AM
Source : TFN
Stock : Caledon Resources Pl (CDN)
Quote : 14.0  -1.0 (-6.67%) @ 3:01AM
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Polo Resources lifts stake further in Caledon

        Sept 23 (Reuters) - Sept 23 (Reuters) - British coal miner Caledon Resources
Plc on Tuesday said Polo Resources Ltd upped its stake in the company to about
55 million shares, or 26.3 percent, from about 54 million shares. 
    Australian coal investment company Polo has been gradually raising its
interest in Caledon since March, when it bought 11 million shares, or a stake of
over 6 percent. 
    (Reporting by Srikanth Srinivasa in Bangalore; Editing by Rosalba O'Brien)
Keywords: CALEDONRESOURCES/SHARE 
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