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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 Aug 03, 2016 7:08pm
108 Views
Post# 25108229

RE:Switching to BTE....More bang for the buck...

RE:Switching to BTE....More bang for the buck...
rschell403 wrote: FM has pissed me off, I can't read what the direction anymore, it's all over. I sold out last night (Good Move), and bought back in at $11 (also good), Oil report comes out, so so results, I sell at $11 expecting a sell off, with copper being down, it sky rockets, BAD MOVE....WTF!!!!

Still doubled my money since January with FM, but the laws of diminishing returns is starting to take effect.

Switching to BTE, only one factor, OIL PRICE!!!! Plus I get 10k shares rather than 5k with FM. Every penny of movement is a $100. I can trade 4-5 cent bounces all day long to make some cash ($400-$500). I will still be watching FM, but I'm taking a break from it, before I lose my SH!T.

See you on the BTE board Snowballer.
this board is always interesting, i didnt think about buying 10ks of bte like rschell has outlined keep me posted i will prolly try , my only thing is i dont have snwoballer patience. BTE burned me before that is why i had stayed away.....but what u saying sounds smart move ..

GLTA


Bullboard Posts