Here is a shareholder's "Educated guess" on a pote
Post# of 237
QUOTE :
Could there be a better anchor partner to develop Pebble than FCX? I don't think so...
1) This is a strategic US asset.
2) FCX is a US company.
2) FCX is the second largest copper producer in the world.
3) FCX is currently operating the largest gold and copper mine in the world, Grasberg, in Indonesia. Pebble is similar.
4) FCX is having major Grasberg divestiture issues with the government of Indonesia.
5) FCX is an expert in large multi-mineral deposits like Pebble.
6) FCX is beginning a block caving phase at Grasberg, which has been discussed as a technique for the high grade eastern portion of Pebble, after open pit.
7) FCX's largest shareholder is Carl Icahn, who is a known close friend and financial advisor to President Trump.
Icahn's last reported stake in FCX was $800M +
9) China's emerging global dominance.
10) The US needs to trend toward mineral independence, just as the US has achieved energy independence.
Pebble and FCX are made for each other...