sorgmot

Time to Switch Out of Freeport-McMoRan

Let us assume that the 2 FCX employees quoted gave the statements as quoted in this post.

If so, they should not be in the jobs they are said to hold at that company.

They, are typical of what US companies have for top managers these days.

Their statement should have been as follows:

"The dividen has been suspended so that more money is available to buy more ore reservs either directly or by the purchase of other copper mining companies. We will aslo be purchaing more new mining and processing equipment to reduce our operating costs."

Fire the board of directors.

Good Luck.