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Posted on 12/11/08

Debt dilemma

MINING REPORTER

A little more than three months ago, it looked like Don Lindsay was sitting pretty.On July 29, his company, Teck Cominco Ltd., unveiled a blockbuster $14-billion (U.S.) takeover bid for Fording Canadian Coal Trust and Teck shares defied usual deal trading patterns by jumping 6 per cent to close at $42.85 (Canadian) on the Toronto Stock Exchange.

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