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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 Montrealcopperon Jun 27, 2016 12:42pm
134 Views
Post# 25001572

RE:FM trading

RE:FM trading
And for those down dont consider it as a loss, as long as it is below 9 you be good, FM has been back and forth 8 to 9 so many times recently that i think it will get there anytime soon,
it all depends on the sentiment and CN PMI now, if that is good we be  above 9 in a blink of a ey.
as quiteobserver and techinfo said in a period like now (the entire week) your best is short but at the a decent price though it is too low to short now. or put a 10cent stop loss or wait till you figure the day low or dont trade till things stabilize.

because as you can see copper price is no longer an indicator for FM to go up, unless copper really really make a significant move up
Bullboard Posts