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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 xbox360on Mar 06, 2016 11:59pm
213 Views
Post# 24628558

RE:RE:Just a guess

RE:RE:Just a guessYeah I fully agree. This has gone up too much in too short period without much fundamental backing. It is only being bought during the day when copper is up for the day and losing for profit at the end of the day.
I mean not sure what other people on the board are seeing, but copper future is down today as of now. Copper demand has not changed at all, which is what brought down the copper in the first place. Wouldn't make investment on speculation.
I feel it is too expensive at $7, maybe I'd buy back at $5 or lower.
But who knows about the future, just like crazy people were expecting mcgregor would beat diaz yet that didn't happen LOL. I mean, I am not predicting the future but just thinking and it is only an opinion.
Bullboard Posts