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Layne gains, still has mineral pains

Contractor Layne Christensen (NASDAQ: LAYN) CEO Mike Caliel’s assurances about “progress” back from the depths of drilling-sector despair for the company continue to resonate with investors, with the stock up more than 55% since the start of the year.

Layne gains, still has mineral pains Layne gains, still has mineral pains Layne gains, still has mineral pains Layne gains, still has mineral pains Layne gains, still has mineral pains

That’s after Layne shares hit bottom in December (US$3.78) – about 12% of what they were worth in mid-2011. They had risen to $8.

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