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Replies to #614 on Vale SA (VALE)
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The_Truth_NL

03/22/19 9:57 AM

#615 RE: Saving Grace #614

Lmao!
Sounds like you have realized you shouldn’t have shorted this one.

Why don’t you check out the cash reserves this company has.
Also read up on how over a billion dollars has already been put aside (court mandated mind you) by Vale to deal with the class action.

They are a very successful and profitable company working mines of various minerals all over the world. While what happened in Brazil was a disaster, and a tragedy, it seems to be someone they are well equipped to handle financially, imo.

Oh, and world bank. LMAO!