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6 pts

Opinion on  FreeportMcMoRan Copper & Gold Inc (FCX)     Sector: Basic Materials  >  Industry: Metal Mining
The Golden Pot FCX

Nov 22, 2008 04:53 PM GMT
Jpeg_sun4agk
Return Risk
+14.04% HIGH
Sr. Associate

FCX Freeport-McMoRan Copper & Gold, Inc. engages in the exploration, mining, and production of mineral properties primarily in Indonesia, North America, South America, and Africa. It focuses on the copper, gold, molybdenum, and silver prospects.

Paying a dividend of $2 per share and insider buying starting the end of October FCX also has a great list of option
plays. FCX is a member of the S&P 500.

At December 31, 2007, it had total consolidated recoverable proven and probable reserves of approximately 93.2 billion pounds of copper; 41.0 million ounces of gold; 2.0 billion pounds of molybdenum; 230.9 million ounces of silver; and 0.6 billion pounds of cobalt. Freeport-McMoRan Copper & Gold, Inc. was founded in 1987 and is based in Phoenix, Arizona.


FCX:  This call was made on 11/22/08 @ $20.68
Rating:   Positive   $20.68 (11/22/08)
Gain/Loss:   +313.88% in 367 days
Target:   $50.00 (+141.78%) in > one year


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