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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

Post by mrmomoon Oct 31, 2023 10:03am
199 Views
Post# 35709048

Major shakedown!!!!

Major shakedown!!!!This is what happens in these unstable banana repuplics...........these literal 3rd world "you know what"it holes to good company's making HUGE profits. Everyone, and i mean everyone, ALL the politiciansn family, friends & their grandMA has their hands out for a piece.......

You guys REMEMBER what happened to another "infortunate"  MAJOR Canadian "strategic metal"  producer.....not too long ago.......not once BUT TWICE in it's short life span? For those that don't know or are too familiar with this cut throat industry, one only has to look at what went down with Turquoise Hill.....NOT ONCE but TWICE....the same issues that First Quatum is having here with the Gov't.  Turquoise had the same problems, being shaken down or trying to be kicked out of their VERY valuable assets in Mongolia. And to be honest, Turquoise was in a lot worse shape in a more precarious situation then FM is here now......

This is nothing more than a MAJOR shakedown for bag of money.......and thse folks usually target these easy picking Canadian operations because their not combative ans VERY easy soft targets.......and a company like FM which is racking in ~1B a year in profits usually is!!!! So just think about these commentsw before you act too quickly or unwisely.........This sector is controlled and in the hands of just two or three global companies, you onow who they are (Glen, Rio & Vale) and THEY are trying VERY hrd to keep that monoploy in their crooked hands and kick everyone else out to the curb........FM included

If this isn't a MAJOR buying opportunity then i do NOT know WTH is!!!!!


GLTA


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