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Freeport-McMoRan Inc FCX

Metals & Mining Copper
Freeport-McMoRan Inc. is an international mining company. The Company operates geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposits, and significant mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. Its segments include the Morenci, Cerro Verde and Grasberg (Indonesia mining) copper mines, the Rod & Refining operations and Atlantic Copper Smelting & Refining. In North America, it operates seven copper mines: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. In South America, it also operates the El Abra copper mine. The Morenci mine produces copper cathode, copper concentrate and molybdenum concentrate.


NYSE:FCX - Post by User

Freeport-McMoRan Inc
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Comment by your_solution1on Dec 09, 2012 3:55pm
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Post# 20705463

RE: RE: Is FCX On Clearance???

RE: RE: Is FCX On Clearance???

In the mid of the huge plunge I bought $ 33.00 Calls expiring Feb. 2013 just for the recovery of the stock. It has somewhat recovered on Friday. I think we see $ 35 before the end of the year. I believe that they spent lots of time researching about their investment; nobody would spend $ 9 billion without knowing what they are doing....

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities