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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 blackaceon Feb 03, 2016 4:47pm
217 Views
Post# 24521757

RE:People are scared. They should not sell now!

RE:People are scared. They should not sell now!The purpose of these large (and engineered by the likes of Goldman Sachs/Morgan Stanley etc.) daily swings is to prey on and shake out the little sheeple who call themselves day traders (DTs) and thereby also forming a technical bottom.  Only when (and we are almost there) the balance (measured by their internal algorithms) between DTs and investors of this stock tips to the latter will we have an enormous and sustained rally.  Until then we will continue to have these massive UP/Down swings.   
 
Bullboard Posts