GREY:MLKKF - Post by User
Post by
jims101on Oct 01, 2008 11:17am
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Post# 15496778
Environment for takeover cools..see Xstrada
Environment for takeover cools..see XstradaXstrada has given up on its take over of Lonmin citing credit conditions...
https://www.hoovers.com/free/co/news/detail.xhtml?ID=104905&ArticleID=200810010704AP______NEWS_____d976000c307b6f80_AP&source_type%5B%5D=
to say nothing about declining commodity prices...
As for an update on ML's mill and production progress....You know I don't really care ... Maybe they come out and say they are a month behind and the stock tanks to $2....What's a month in this environment. I can reload what I've sold at higher prices...I hope management shorted some copper when I told them to...
Did you see FCX - down 8% today into the low $50s....I'd be interested at $40.