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Ferroglobe PLC GSM

Metals & Mining Industrial Metals & Minerals
Ferroglobe PLC is a producer of silicon metal and silicon-based alloys, variety of industrial and consumer products. The Company operates through four segments: United States of America, Canada, France, and Spain. It is involved in quartz mining activities in Spain, the United States, Canada; and South Africa, low-ash metallurgical coal mining activities in the United States, and interests in hydroelectric power in France. It sells its products to a diverse base of customers in a varied range of industries, such as aluminum, silicone compounds used in the chemical industry, ductile iron, automotive parts, renewable energy, photovoltaic (solar) cells, electronic semiconductors, and steel. Its solutions include silicon metal, manganese alloys, ferrosilicon, foundry products, calcium silicon, silica fume, electrodes, pulverized products, silicon for advanced technologies, and other. The Company's subsidiaries include Ferroglobe Finance Company PLC, and Ferroglobe Holding Company Ltd.


NDAQ:GSM - Post by User

Ferroglobe PLC
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Comment by dfergu7477on Jan 30, 2008 9:44am
125 Views
Post# 14287916

RE: NEWS -JV - $3 Million Drilling Monte Christo

RE: NEWS -JV - $3 Million Drilling Monte ChristoWow, smilewithme, this is huge news.  Gotta run to a meeting most of today (no time to say much), but this is VERY significant IMO.  $3 million for Monte Cristo alone!  Finally, Monte Cristo will get its due.  And, GSM retains its 100% ownership of the other Walker Lane and exploration properties.

I deem this as extremely positive.  GSM will now properly explore Monte Cristo with a rising gold price as a backdrop.

Will be interesting to see how the market responds...  It may just want some drill hits first before moving the stock price; sounds as though GSM is getting right at that, too!

GLTA!
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