Member
Member
EU's Top Copper Produce Warns Of Massive Theft, Shares Plunge
https://www.zerohedge.com/commoditie...t-shares-crash
Shares of Europe's top copper producer in Frankfurt trading plummeted following an announcement that it might have fallen victim to a massive theft, potentially leading to losses of several hundred million euros --adding to the series of turbulence to rock the global metals sector in recent years.
Bloomberg reported that Hamburg-based Aurubis 'found discrepancies' in its metal inventories. It said suppliers had manipulated details about the scrap metal shipments, with even its employees in the sampling department covering up the scam.
"What we currently know is that some of our recycling suppliers appear to have manipulated details about the raw materials they deliver to us, and they have been working with employees in our sampling department to hide the shortfall from us," Angela Seidler, vice president for investor relations and corporate communications, told Bloomberg by phone.
Seidler continued, "Then, in the production process, we have found that the metal is missing, but it is something we have discovered over time because in the case of copper, for example, it takes four weeks for the material to be processed."
What's the Frequency, Kenneth?
Member
Sounds great, copper is below 4$ now. Does not help the predictions in this article. I don't see green gaining much traction beyond elites willing to pay.
"That's not money" - Ben Bernanke
Member
tI guess the used ukrainian and promised ussianwarthropy shellcases had probably been sold upfront and were not gathered nor delivered in full JOT ?
Golditiki2+++
Member
Reminds me of the silver predictions and warnings we have all seen for years... Not saying it isn't true, just saying it looks like a dog and pony show that has been sent to dance in front of us for years.Originally Posted by aberdeen
Now there's no more oak oppression
They passed a noble law
Now the trees are all kept equal
By hatchet, axe and saw.
I will not comply.
The Tea Party... quietly plotting to take over the world,
and leave you the hell alone!
Member
Here is a 112 lb monster nugget for sale local pickup only...
https://www.facebook.com/groups/balt...3427047918875/
seller is stalwart
Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”
Posting Permissions
Reply With Quote