"Re: Asarco 21-Jun-11 08:26 pm<<If the merger goes through, you can forget any signicant dividend. >>>
...Grupo owns almost 100% of AMC. AMC [American Mining Corp.]owns 100% of Asarco and 80% of SCCO [Southern Copper Co.]. AMC borrowed 1.5 billion to get Asarco out of bankruptcy................. No question: To the extent amc uses a scco dividend to pay debt we get 20% now and zip if this merger goes through."
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=13898&tid=59232&mid=59242&tof=12&off=1
Blog shown in web view. Mrs. Mcmurray 's obtained proof Asarco smelter poisoned El Paso TX through what the EPA & US DOJ said was illegal burning of illegal hazardous/radioactive wastes 1991-98. (see 73 page 1998 conf. for settlement purposes only DOJ EPA Asarco doc,10/06 nytimes) We have never been told what actinides, forever chemicals, dioxins etc are present from illegal Asarco actions.
Hafnium
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Monday, June 27, 2011
Asarco merger rumors
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