"THE ONLY THING NECESSARY FOR THE TRIUMPH OF EVIL IS FOR GOOD MEN TO DO NOTHING"
--Burke

Tuesday, April 20, 2010

"Analysts consulted by Reuters expect [Asarco owner --- GMEXICOB.MX] first-quarter net profit will soar almost 2,000 percent"

Predictions of 2000 percent (two thousand!) net profit increases for Grupo Mexico come as the El Paso TX Asarco Trustee and others continue to stonewall the community (and international JAC committee's) request for data and information on the years of secret hazardous waste disposal (incineration) by the ASARCO El Paso (and E. Helena MT) smelters.  

"Google News Alert for: asarco

Mexico peso, stocks gain on US earnings optimism
Reuters
MX) first-quarter net profit will soar almost 2000 percent after Grupo Mexico regained control of Arizona copper miner Asarco in December by outbidding ...
"
"Miner Grupo Mexico (GMEXICOB.MX) rose 1.25 percent to 35.78 pesos. Analysts consulted by Reuters expect the company's (GMEXICOB.MX) first-quarter net profit will soar almost 2,000 percent after Grupo Mexico regained control of Arizona copper miner Asarco in December by outbidding India's Sterlite Industries Ltd (STRL.BO). [ID:nN20218665].....However, a recent legal appeal by Sterlite pushed HSBC to downgrade the Mexican miner's stock to "neutral" from "overweight" in a report on Tuesday. (Reporting by Michael O'Boyle; Editing by Leslie Adler)..."

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