Thursday 3 July 2008
Market nervous about CIC Energy Corp deal
The market made an about turn this week on the Toronto Stock Exchange (TSX: ELC) and Botswana Stock Exchange listed CIC Energy Corp (BSE: CIC Energy). The most nervous investors were in TSX: ELC as evidenced by plummeting share prices since announcement this week that the firm is indefinitely suspending its Mmamabula energy project.
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