RE:RE:RE:RE:This week
TSLA is flush with cash & has been for years. If Musk wanted to own mines, he would. He doesnt because he wants producers to bear all the risk & sell to him at a discount. "I can give you a huge contract for years". So can a dozen no name firms. Mines carry the risks of accidents: tailings, groundwater, surface water. That's a PR catastrophe. Even an insitu miner can have an accident. That would ruin TSLA's perceived image of being green. That's the primary reason Musk hasn't bought mines for every metal his cars utilize, his SP is supported by public image. EXMGF is for sale to anyone who wants to buy them out, at the right price. Who the buyer is or what they do, that doesn't put more money in you or I's pocket. Musk, like all who make it to a Captain of Industry, wants & expects a discount wherever he does business. That doesnt help us. It is peanuts for him or FCX or SCCO to buy us out, if they wanted to.