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Gold/Mining/Energy : Copper Fox
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To: CanadaGrant who wrote (9422)4/1/2015 10:37:48 PM
From: louel   of 10654
 
I'm sure you did quite a bit right Grant. Commercial passenger pilot for 30 years and you never ended up like flight 370 or the other Air Asia plane in the ocean, the German air wings in the France Alps, probably not even like the Air Canada one short of the runway a couple of days back. Sure have been a rash of air incidents the last while.
Anyone who says they never had a loss while playing the market, Has not been doing it long, Or is a liar plain and simple. Sooner or later it happens to all of us.
Good for you Explore guy nice move.

Copied from S/H front page.
Here are some key takeaways that were noted in a Scotia Capital report. Acquiring a producing copper asset to bridge the near-to-medium term decline in the company’s production profile to the potential start-up of Quebrada Blanca Phase 2 (QB2) remains high on the company’s priority list.

.At the end of 2014, the company had total cash of $2.0 billion and total debt of $8.4 billion, resulting in a significant net debt position of $6.4 billion (or $11.13 per share).

Given the already successful focus on cost reduction initiatives and little further room to reduce capex spending, the $519 million annual dividend remains one of the last available levers to reduce the company’s cash burn (potential streaming transactions and/or asset sales remain other options to raise cash).

Read more at stockhouse.com
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