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Freeport-McMoRan Inc. Message Board

  • bd_jwt bd_jwt Oct 17, 2007 6:41 PM Flag

    Cramer, Cuba/Castro, and FCX

    Cramer had an interesitng take on a possible hidden asset for FCX ...

    His point relates to Fidel Castro and that the Cuban goverment confiscated a giant mine from FCX. Cramer believes that after Castro dies, the trade embargo will eventually be lifted and the mine returned to Freeport.

    Can't imagine this is built into the valuations but would be a nice little perk.

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