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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
Post by blobboyon Apr 13, 2016 6:32pm
152 Views
Post# 24763984

PROFIT TAKING - PURE AND SIMPLE

PROFIT TAKING - PURE AND SIMPLEFrom mid 5`s less than a week ago to high 7`s today - only a fool would leave such a handsome gain on the table. Profit taking kicks in after an almost 40% pop in 3 sessions, it`s not rocket science. Beautiful pull back this afternoon for re-entry, this is a highly liquid trading stock - watch the trend channel and don`t get lost in the aim...pull the trigger already. Copper as squat to do with oil, a mere penny overnight and watch the 10% gap up tomorrow am. Disclosure - sold today in mid 7`s, bought back @ low 7`s...tomorrow is rinse and repeat day. 
Bullboard Posts