"would be forced to redirect close to $5.4 billion of planned investment to other countries including Canada, the U.S., Chile and Peru".
Is this a two by four soaked in motor oil or is it a valid threat? If valid, I've got to wonder where and how much to Canada and the U.S.?
Hmmm ..... I can't help thinking about the proximity of some of ASARCO's facilities to those of the northern Mexican facilities of SCCO. Let's see, cut Mexican capex by $5.4 billion minus an added $1.0 billion allocated for SCCO stock buy-backs and that still leaves $4.4 billion to redirect!
Re: Money is mobile GN Bully_gates 10/28/2013 10:28:01 AM
6599 Money is mobile GN dar200 1 10/28/2013 10:02:16 AM
6598 Re: 3q13 EPS & Divident estimates... GN Bully_gates 10/24/2013 5:01:09 PM
6597 Re: 3q13 EPS & Divident estimates... GN stocksurfer Hold 10/24/2013 3:02:52 PM
6596 3q13 EPS & Divident estimates... GN southernfox 10/12/2013 9:46:59 AM
6595 Re: 3q13 Divident and EPS Contest GN dar200 10/11/2013 8:05:50 PM
6594 3q13 Divident and EPS Contest GN southernfox 10/10/2013 10:00:20 PM