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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

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

Bullboard Posts
Post by Montrealcopperon Jul 18, 2016 3:41pm
165 Views
Post# 25062775

FM forcast

FM forcastof course nobody knows exactely what will happen otherwise we will be billionaire by now, but the general expectation is that copper and FM will go down anytime soon, i said expectation. that being said, today volume said it all, Copper was holding better than any base metal today, but except for RIO every copper miner was/is red, and for FM too look at today volume 4M, we did half of the day with less than 2M, for a stock that usually trade 2M in the first 5 min,

i did buy few today at 10.01and got bored and tired sold it at 10.09. of course regretted it ... but 
we will see by the end of the week what will happen, as long as it doesnt go down i dont see it rallying because the volume wont be there, most people wont just buy at 10+ knowing that copper is near the year high, and at this point there is more chance that it goes down than up.....
Bullboard Posts