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McMoRan Exploration Co. Message Board

raebenj 1 post  |  Last Activity: Mar 16, 2015 2:27 PM Member since: Jul 25, 2002
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  • raebenj by raebenj Mar 16, 2015 2:27 PM Flag

    IT doesn't make any difference to Jim Bob the share price of FCX. On February 15, 2015 the board grants Jim an estimated 50,000 new shares at $ 0 cost and the same day he cashes out 106,000 shares at an estimated $20. Anyone who has followed this company over the years is well aware of the dilution due to share grants. Don't know what is going on with Flores and his purchases.