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GMBXF vs. ETF Alternatives
GMexico is a holding company whose main activities are in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. More
Tuesday, Oct 92012, 8:46 AMMexican copper miner and railroad operator Grupo Mexico (GMBXF.PK) says it will pay a $2B judgment to Southern Copper (SCCO) in cash rather than in stock. The payment will end a seven-year legal battle with SCCO's minority shareholders in one of the largest judgments ever awarded in a U.S. securities class action suit. |Tuesday, Oct 92012, 8:46 AM| Comment!