TAKING STOCK

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The Independent Online
rBakyrchik Gold jumped 30p to 183p after two businessmen, Robert Friedland and Johannes Kotjo, decided to pump nearly pounds 22m into the struggling group developing a mine in the former Soviet Union. They are buying shares at 150p with options at 200p-220p. The company has run into technical difficulties. Some, however, wonder whether the new cash will be enough to provide the answer to its problems. At one time the shares touched 190p yesterday. They were floated two years ago at 120p, quickly hitting a peak of 370p.

rThe legal row between Simon Engineering and struggling Butte Mining rumbles on, with Butte filing High Court claims for more than pounds 100m. Simon says Butte's actions are "misconceived". Butte, little more than a litigation play, held at 1.75p.

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