Replies to post #1075 on Southern Copper Corp (SCCO)

[Lone Ranger 2]

They need something to talk about. The SCCO buyout could not happen because SRGE owns nothing. What would they buy?

[cruzdelsur]

SCCO is expected to buy CINCO MINAS mine only, from SRGE at 500=600 million dollars, leaving the other 5 mines in SRGE ownership. These five mines in turn will be JV with another co or sold, hence the future dividends.