FM: mind game / emotions
Copper is doing really good and nice upward pressure plus Trump infrastructure spending plans, all these need to be very intelligently calculated before selling FM at these levels. At this stage FM is not the one which it used to be in single digit range. When people say, "it will come down to $9-$10 range, IMO it will be a miscalculation because: Copper is trading higher than FM profit threshold, big infrastructure spending is expected from new US Pres, Copper demand is rising elsewhere as well, FM is continously working on cost effective business, and last because of all these, expect a bumper Q. IMO GLTA