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The Carlyle Group LP Message Board

  • cashewking05301 cashewking05301 May 10, 2013 11:11 AM Flag

    Buying Rio COPPER MINE

    Understand you may want to buy a copper mine when copper prices are weak but buying a copper mine makes no sense. TRQ is coming on in Mongolia other mines also are coming on. The growth world wide isn't there to support high copper prices. Copper is not an easy product to mine and is very complicated. CG would be better off buying domestic US companies in tech,energy,retail than buying a coppe rmine in Australia. Probably going to sell my shares because they aren't managing assets well.

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