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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 Sep 16, 2016 6:07am
146 Views
Post# 25243798

RE:RE:RE:RE:RE:RE:FM

RE:RE:RE:RE:RE:RE:FM
my theorie is that when it started going down especially below 10 most people thought the diving will continue like me i sold at 9.75 but it stopped right after, then i am thinking that some funds must have shorted below 10 betting on the fact that it will keep going down and now get caught up. Moreover,  knowing that we were at 12 and we be heading there, that will make them bleed if we go back there while they have shorted below 10, so they making these fake elevators to drive the price down below 10 so that they can cover before the two meetings, as that is likely the only window now for short covering,  because after that if copper is still up nothing will stop FM heading to 12.

Copper did the biggest move in the last couple of month, 9 cent in 2 days that is good bullish signal, but FM hasnt move a cent and instead deeping down what other explanation can anyone come out with, i will interested to know
Bullboard Posts