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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 blobboyon Apr 20, 2016 11:52pm
114 Views
Post# 24792221

RE:Insider Sells

RE:Insider SellsWho cares, someone needed some lunch money. That was a nervy final 1/2 hour today but if you noticed the volume that kept us propped up you should have no fear. It is significant that we hit a 6 month high today above $9.00 before the roll back. Higher highs and higher lows while the recovery plays out....copper up over seas at 9:30 Alberta time...if it holds ( and I think it will - in fact I think we challenge $2.26 - $2.27 pretty quick ) FM could be pretty explosive out of the gate tomorrow am. It`s pretty much all about the copper price here...Dr. Copper, the true measure of economic activity. I predict copper continues to move north one increment at a time, the highly leveraged plays will follow suit. We should blow through $9.00 tomorrow, whether it holds or not is any ones guess. All IMHO, I am not privy to any knowledge that any one else can not easily find through their own DD. All chips down on the table for the blobber, a good a bet as any.....and here`s why - plain and simple - Volume = support, we have both - High $9`s tomorrow , maybe even $10.00 GLTA
Bullboard Posts