Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Falconbridge Ltd.( T.FL ) -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (82)	1/30/2001 6:01:06 PM
From: Condor	Read Replies (2) \| Respond to of 103

Of course, there is no question about that. <<<<<Ore has a long shelf life>>>>> So you're buying ?????

To: tyc:> who wrote (82)	1/30/2001 7:14:26 PM
From: Condor	Read Replies (1) \| Respond to of 103

edit... Actually the monetary issues are virtually nil. It is perceived by the union that across the company bidding rights and such are being taken away and this would jeopardize their well being inthe event of a sector cutback within the company. Buzz Hargrove is, it would seem, making a stand here. So we have a political strike as opposed to a monetary strike. A dicey situation. No doubt Noranda is taking advantage of the low share price and perhaps is orchestrating this for that very reason?? In any event higher profits for FL shareholders are being usurped. I suspect that next Q 25mm may be the profits...as supplied by Coluhuasi and Raglan. That would arguably lead to annual profit in 2001 of 100,000,000 when perhaps 300,000,000 could have been experienced. Deep Onaping will require 500,000,000 of capital to be a go. All's not rosy for shareholders but...........Noranda will get the company for cheap. JMO