First Quantum Minerals Ltd T.FM

Alternate Symbol(s): FQVLF

Metals & Mining Copper

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.

TSX:FM - Post by User

First Quantum Minerals Ltd

Bullboard Posts

Post by Winniepup21on May 24, 2016 3:21pm

98 Views

Post# 24900425

Temporary pullback, buy dips.

$USD looks good for maybe another 2 weeks, trading up on the rumor that Fed will raise rates. My gut says they will hold off. You'll want to buy the dips in PM and base metal names. Oil looks good, FM usually trades well when oil is up, irrespective of what copper is doing. My gut says Fed does nothing and then this minor consolidation will lead to a another strong up move. GLTA WP21

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