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

To: Condor who wrote (83)1/30/2001 6:21:39 PM
From: tyc:>  Respond to of 103
 
No I'm not buying FL, but I have an interest in Noranda, and I wouldn't be surprised if NOR is taking advantage of the low FL market price.

It all seems so stupid to me. The strikers are hurting no-one but themselves. And talk of the company "treating them like slaves" makes me shake my head in dismay. I would guess they are are pretty well paid slaves eh ?



To: Condor who wrote (83)1/30/2001 6:46:54 PM
From: tyc:>  Respond to of 103
 
Here's something else that makes me smile;

biz.yahoo.com

The headline says "Profits Down; Forecasts Missed"

In fact Falconbridge has just completed its most profitable year in its history. Return on Equity was 17%. This despite the strike. Apparently analysts made an error in their estimates of what fourth quarter results would be, and the company is blamed for that too !! Hahaha!


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