Southern Copper Corp (SCCO)

[EarnestDD]

Months of FAKE reports of a deal count???

SCCO says NO to Scamco SRGE rumors.
jmo

[Xander3]

But fake news releases and hype does count? Turn tail and run MoMo?

[GS1]

thanks

[EarnestDD]

The announcement clearly stated it was for capital expenditures, not acquisitions.
jmo

[GS1]

Southern Copper issued unsecured notes on 11-09-12.

I am wondering if this is related to acquisition.

http://www.southernperu.com/ENG/invrel/INFDLPressRelease/np121109.pdf

[DeuceRider]

It isnt like we are selling the Actual Company itself my friends, All we would be doing is selling a piece of property really. So no audited financials would be needed. Am I correct MoMo ? Wouldnt even need them even if doing a Joint Venture. Lets see if SCCO does an 8K on them soon.

[EarnestDD]

Bogus Deal Claims of SRGE and SCCO have been going on for months. Ho Ho .. nothing real about it.
jmo

[EarnestDD]

SRGE is FAKE and rumors of a deal with SCCO are Fake too.
jmo

[cruzdelsur]

SCCO JV/BO of SRGE coming.

The mother of all deals is right around the corner!!!!!!!!!!

[Lone Ranger 2]

Good stuff.

[Toofuzzy]

>>>>MoMoRaptor, however, does not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. MoMoRaptor has no first-hand knowledge of any profiled companies’ operations and therefore cannot comment on their capabilities, intent, resources, or experience, and it makes no attempt to do so. <<<<

From his disclaimer: This says it all

Not always
Toofuzzy

[MoMoRaptor]

Wrong! FAKE emails do not count!...LOL

[Whatamithinking]

when is the big news momo!

[EarnestDD]

SCCO IR has confirmed NO interest in Fraudco SRGE.

Months have gone by and NOTHING on this fake deal.
jmo

[MoMoRaptor]

LOL...FAKE and fabricated IR emails do not count!!!

[Yoraces]

Yup as does any other legit company .......who SRGE claims there would be an interest. We know scco is 100% NOT INTERESTED. Easy to figure out. NO company would ever be interested in SRGE!!

[EarnestDD]

SCCO's IR categorically denys any interest in SRGE.
jmo

[Palo]

No,nobody can this...

[investor_slim]

Can someone provide the statement verification that SCCO is not "interested" in SRGE?

[bigman7100]

wrong,

i think they are doing business together, we should now for sure very soon...lol

[bigman7100]

Disagree,
(srge) will be bigger then(SCCO) when the deal comes out. Should be really fun next week.,,,lol

[EarnestDD]

SRGE is a FRAUD and SCCO wants nothing to do with them.
lolol
jmo

[Yankyfann1]

Let's be clear what SCCO stated regarding inquiries about a possible acquisition of SRGE:

Please be advised that Southern Copper's acquisition of SRGE is a baseless rumor.

SCCO did not state "We want NOTHING to do with SRGE". I would agree that had they made that type of statement, it would mean to me that they were going out of their way to distance themselves from any association with SRGE. The statement they did make is simply saying that any talk of an acquisition is untrue. It was a denial of an acquisition inquiry, not an indirect indictment of a company - which is the way several are portraying it.

[Yoraces]

SCCO has confirmed they want NOTHING to do with the SRGE Fraud

LMAO who would want anything to do with FRAUDCO SRGE???


NOBODY!!!!!!![/b

LOLOLOL

[EarnestDD]

SCCO has confirmed they want NOTHING to do with the SRGE Fraud.
jmo

[cruzdelsur]

Added 100,000 shares counting on tomorrow. WEEEEEEE!!!!

GO $SCCO

[toomuchmoney]

agree

[cruzdelsur]

Hope they do it now. Like today, tomorrow.

Your opinion?

GO $SCCO

[JBZ]

Yep, Guess we'll just have to see

[toomuchmoney]

hundreds of millions of reasons why SCCO/SRGE would

;O)

[JBZ]

I don't see why they wouldn't

[I-Glow]

Why would a real company like SCCO even think of doing business with the Shady bunch at SRGE.

SRGE going Dark two years ago, then gagging the TA and just as predicted they did a MASS DILUTION. 500,000,000 increase in the A/S - Yes that is right a 50% increase (and the SRGE touts are trying to spin this as a good thing).

What is funny is that SRGE violated their Investors with extreme prejudice and made them like it and ask for more. Thank You Sir, May I Have Another - LMAO!!!

IG

[I-Glow]

Oh, you are still talking about Cosmo Kramer - of course Jim Cramer wouldn't talk about a SUB-PENNY stock that has Gagged the TA, went Dark and hasn't filed any audited financials since 2007.

Rumor quashed by mine and many others who sent emails laying out 18 items where SRGE has lied in press releases.

IG

[Lone Ranger 2]

There is no deal with SCCO.
It's plain to see it was all a silly rumor.
SRGE does not own anything at Cinco Minas.

[EarnestDD]

Rumor that the SEC has been alerted by SCCO of SRGE's fraudulent attempts to be mentioned as in a deal?
jmo

[toomuchmoney]

SCCO and SRGE want the buy out done now, they have few days left to complete it but can do it

surely their tax dollar greed is paramount, I know mine is, no reason to delay into new year at all

SRGE will complete Q4 with divvy and up list and close on the $500+ mil buyout, complete and pay out to shareholders the 20c special divvy before EOY, read below as to why, remember the corporate shareholders are the biggest investors in the company and they want to keep their tax dollars too, load up people at these levels, this is going to rip wide open, this is the reason for the paper chase, imo


Corporations are now rushing out special dividends to shareholders in an effort to beat the coming tax hikes on dividends.

Between Nov. 1 and Dec. 5, 349 companies moved up their dividends or paid special dividends, according to Silverblatt. That is higher than the 314 irregular dividends paid last year in all of November and December. Silverblatt expects the pace of early dividends to pick up if Washington keeps dawdling.

Many companies go beyond moving up ordinary payments. They are declaring special, one-time dividends to take advantage of the lower tax rate while it lasts.

http://www.lasvegassun.com/news/2012/dec/10/us-wall-street-week-ahead/

[cruzdelsur]

Rumor that Jim Cramer is going to talk about SCCO thursday, and possible buyout/jv with SRGE? HUMMMM>>>>>>

[EarnestDD]

Confirming DD to confirm that SCCO says they want nothing to do with Scamco SRGE is a good thing.
jmo

[zambia123]

read the comment very slow before you respond.

If the deal isn't real no need to call SCCO

[EarnestDD]

Yes ... Its a Scam called SRGE that is trying to dump shares by claiming a deal with a real mining company, SCCO.
jmo

[Toofuzzy]

>>>>Why would they do that I thought the info was false so if it is no need to call SCCO am I missing something here? <<<

You only need to contact SCCO if you have the fantasy that the info is true that it has any relationship or wants any relationship with SRGE.

Not always
Toofuzzy

[zambia123]

Why would they do that I thought the info was false so if it is no need to call SCCO am I missing something here?

[Yoraces]

NOPE ... there is no deal.
SCCO wants nothing to do with the SRGE Scam.

Wasn't this guaranteed to be a done deal in November???
lolol
jmo

Lmao as always it's next week, in four weeks, etc etc and it never happens with srge. When pigs fly there will be a buyer for srge! Who would be stupid enough? Not SCCO...............and not anyone else !!!!

[DeuceRider]

TOB, Dont Forget the 3.8 Million I have Hanging over Here...

[I-Glow]

As usual your statement has basis in fact - the SCCO rumor was started on the Sierra blog.

Actually, SCCO has classified the rumor as baseless in written communication - for a IR department to commit to writing is extremely unusual and makes the statement have a profound impact. There is zero involvement of SCCO with SRGE.

But, please provide some evidence that your statement is correct - just as I expected with all SRGE boasts they can't be backed up by facts.

IG

[EarnestDD]

NOPE ... there is no deal.
SCCO wants nothing to do with the SRGE Scam.

Wasn't this guaranteed to be a done deal in November???
lolol
jmo

[BagsForAll791]

Not gonna happen. There wont be any buyout or jv. Keep feeding into the fairytale.

[rjbluesky]

SCCO and SRGE possiblity for expansion.

While Southern Copper is also among the top producers of molybdenum, as well as silver and zinc, its copper production remains its principal source of revenue and sales. Hence, the company needs to have better management of its production and operation in order to address worldwide copper reserve depletion. Expansion projects might be reasonable, but diversification of operations and production would be more rational.

http://beta.fool.com/ecofinstat/2012/11/13/mining-giant-offers-double-digit-yields/16313/

[rjbluesky]

Seems very possible as my dd keeps leading me in that direction. SCCO currently has some incidental Gold operations which would make sense to go head first into that arena. Not only could they be interested in the prime Cinco property, I could see them buying the total SRGE company.

[isee1]

SRGE SCCO MAKES PERFECT SENSE,bring the GOLD to the party,hmmm...maybe I'll buy a little scco too:)