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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 21, 2016 5:47pm
142 Views
Post# 24796310

BLOBBOYS OUT

BLOBBOYS OUTDid manage to make a few bucks today after some insane trading. Must have booked a dozen day trades here and still not entirely sure what direction this one is headed. Lots of conflicting data to digest but when you have 6 figures riding on this one and factor in the crazy volatility, maybe it`s best to watch from the side lines and wait for the dust to settle to determine market direction. Big money can be lost in a heart beat. This am. I was sure we would have a stellar day here, then copper tanked and it all went in the crapper eroding investor confidence in a micro second. Was it orchestrated by the powers that be to trigger stop losses across the sector in the name of accumulation.....WTFK`s. Friday is usually sell day and there are still some handsome profits to take off the table here, sure can`t trust any over seas strength tonight in copper if todays action is any indication of future sentiment. Best of luck to all - May sell off and Mrs Yellen to temper any enthusiasm in the commodity sector short term, my gut tells me it`s time to get out. But hey...What do I know....I`m just joe retailer and always the last to know. Could get real ugly tomorrow if copper gives back over night. Funny how both copper and gold got whacked at precisely the same time this am. right at the open ---- WTF...anyone know the real reason why ?
Bullboard Posts