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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
Comment by 1crisisatatimeon Jan 18, 2016 11:26am
96 Views
Post# 24468785

RE:RE:Do you wait or buy this now?

RE:RE:Do you wait or buy this now?I agree, buy more! I am still long here and believe we're at a discount of about 85% to what we could be in about 2 years. Def worth a few grand, just to keep all options open. Can't make money sitting on sidelines, but you can't lose more either!! Whoever can call the bottom here is going to be a very happy camper. Just so many variables involved and still feels like a lot of downward pressure from somewhere, that can make it a bad day fast. I am going to add a little just to average down, but keep enough to buy in when the climb back starts in earnest. So much volume here tells me this is still a live piece of artillery that can go at any time. glta  
Bullboard Posts