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.

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First Quantum Minerals Ltd

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Post by 1crisisatatimeon Sep 28, 2015 12:44pm

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Post# 24141309

A comparative study FM and Teck?

If we start on May 5/15 for both FM and Teck, we are seeing about the same numbers. Teck traded at 19.47 and now is discounted at 70%, or trading at 5.98. FM traded at 18.71 on May 5/15 and is now discounted at 75%, or trading at 4.67! Equally bad, or worse. Conclusion; both companies are poorly managed! No excuse for this horrific mismanagement! To allow the shareholders to cover these losses is inexcusable. Time for new tactics and PEOPLE!

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