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Bullboard - Stock Discussion Forum First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel... see more

TSX:FM - Post Discussion

First Quantum Minerals Ltd > Now we're in trouble.....lol
View:
Post by mrmomo on Nov 24, 2023 12:31pm

Now we're in trouble.....lol

https://finance.yahoo.com/news/panamas-top-court-weighs-challenges-110000028.html


"The demonstrations have turned into an anti-government movement, with protesters demanding an end to all mining activity in the country.The movement has also gained support from Hollywood actor Leonardo Di Caprio, who last weekend shared a video from an environmental group that called for the Supreme Court to cancel the contract."


Yep..... now we're really in deep "You know what" lol. Looks like old friend Leo....lol.... is ALSO onboard along with those corrupt Panamanian politicians trying to shakedown the company for more money or maybe even KICKOUT those poor Canadians from that VERY lucrative mine for good.. How does that saying go? Lawyers should stick to legal stuff, plumbers should stick to plumbing and actors should stay in ACTING & Hollywood. I don't know where most of these totally woke Hollywood types, like Mr .Leo, are getting at with these antics or what their IQ level is at BUT where does ole Leo think all that copper/metals he has in his house, Iphone or the Tesla he drives around in Cali, where does he think it comes from? Fruit trees? Or maybe it just falls from the sky on good weather days lol? Stick to acting Leo......stick to what you're good act.....leave the rest to us smarter folks.......!

FM is in this "delicate" predicament because of weak leadership & projecting weakness to vultures. Which is typical of these Canadian mining operations, their mgmt, and WHY they, meaning Canadians are the usual targets around the world in these suspect jurisdications or Banana Republics. Just easy soft targets, easy pickings who will fold instantly at some percieved threat or pressure appied. IF only these Canadian Ceos/mgmt werent so woke or lost and had some semblance of a backbone to actually put up a decent fight.........like the hardened take no B5 Americans......it would not have ended up to this point.

The mgmt of FM is soooo lost soooo weak, that they even paid out $500M in royalties to the Gov't just recently in the last few days LOL......i mean seriously how dumb, foolish, ignorant & weak can you be to do something like that after Panamanian Gov't officials trying to shake you down for more cash? If only First Quatum was an Amercian outfit with strong & unwavering leadership.........it would have NEVER gotten to this point.

GLTA



Comment by blackdouglas2 on Nov 24, 2023 1:11pm
yolur right on few points, weak  managment .  Shares holders are going to be stuck with 1.34 % dividend, for long tme as all in costs Cobra are rising. as for Leonardo Di Caprio he is just an as*hole making noise. i would be more worried about the teachers unions constructions unions behind this process. Where is our  prime minister, in this. No word of cuting off aid to Panama etc
Comment by u4eah on Nov 24, 2023 1:23pm
> Me thinks Mr Leo may be short the stock ??  ... and seriously folks, with Panama canal revenues drying up at a brisk clip .. where will the Panamanian revenues  come from ? .. bananas ??  (fetching a whopping buck-a-pound at my grocer  !!   ... or maybe Mr Leo will put money-to-mouth ..open his wallet, and cover the $Billions in revenue loss       ...more  
Comment by blackdouglas2 on Nov 24, 2023 1:37pm
in an article about mine is the Vote on this Dec17th/2023 , or was that the last time they had problem. Yes on going probelm is canal for FM as there shiping costs to asia will rise.
Comment by Singoa58 on Nov 24, 2023 3:08pm
Sunwing and airtransat bring thousands of tourists from Montreal and Toronto each week to flood the resorts as tourism thrives here 
Comment by liljohnnyjoke on Nov 24, 2023 3:39pm
that should be stopped as harmful to the environment
Comment by TELEMARKER on Nov 24, 2023 2:30pm
Leo has been opposed to Alberta Oil sands in past. As long as he can go whenever where ever in his private jet he support envio causes
Comment by blackdouglas2 on Nov 24, 2023 3:12pm
its just too bad du*b Fu865 don't realize he would be walking without oil gas, not have plane or car if it were not for mining. are these people just plain stupid We need oil gas to heat our houses, metal mining too build heat system, wind turbines  its about time that people told them to get heads out of their as*s I understand their problem, no one wants mine in their backyard, Wh ...more  
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