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He’s No Wally with £860K Gold Profit

It turns out that in the £9 million fundraiser announced by AIM-listed Vatukoula Gold Mines last week, its former owner, Canadian mining and leisure tycoon Wally Berukoff, made an overnight profit of £860,000 by exercising an option to buy back 200 million shares. When Canadian Zinc Corporation agreed to buy his 18% stake in Vatukoula…