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re: MMR & PXP purchased by Freeport Copper.......

Posted on 12/6/12 at 10:18 pm to
Posted by GREENHEAD22
Member since Nov 2009
19627 posts
Posted on 12/6/12 at 10:18 pm to
LINK

There is also talk that this is an indication of possible future troubles for FPMC&G. Talk about there main mine starting to take a down turn and talks about them getting the boot pretty soon from one of the countries they are operating in, cant remember which one, either Indonesia or one of the SA ones.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 12/7/12 at 9:02 am to
quote:

There is also talk that this is an indication of possible future troubles for FPMC&G. Talk about there main mine starting to take a down turn and talks about them getting the boot pretty soon from one of the countries they are operating in, cant remember which one, either Indonesia or one of the SA ones.


That's interesting...I haven't heard anything along those lines...I had read your link earlier, was going to post, too...such a huge conflict and such an obvious bailout....it's going to get ugly with the Freeport shareholders, especially the big boys.
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