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May 16th, 2006
A former junior mining company with $4 million of assets has rocketed to a market value of $160 million by transforming itself into a player in the hot nanotechnology sector.
Stephane Robert, chief executive of Raymor Industries Inc., isn't shy about talking up the stock even after a more than a 550-per-cent increase in its value since early December. "It's is a bargain right now because we'll be the best nanotech company in world," Robert said in an interview.
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