We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Fcx Intl | FCX | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
Top Posts |
---|
Posted at 03/10/2002 16:27 by energyi From Silicon Investor:(1) From: Art Bechhoefer Wednesday, Oct 2, 2002 8:41 PM Regarding gold mining companies, what do you think of FCX? They face security problems in Indonesia, but their copper and gold production is increasing. They're still on target for their earlier projections of gold sales near 800,000 ounces. The stock was as high as 20 earlier this year and is now around 13. Security issues seem to be keeping the price down. What do you think? (2) From: jimsioi Thursday, Oct 3, 2002 6:09 AM Art Bechhoefer thanks for the security ideas & FCX Thanks for the defense ideas (MAGS SHKP GR) will do some DD. Regarding FCX, generally I don't dabble in the under performers which the accompanying chart shows FCX certainly to have been the last few years. Except for a couple of technical short term forays into FCX I've avoided the issue. Geographic location does seem to matter to investors and I prefer to take my chances with the likes of HGMCY where profitability ratios, and dividends at least provide a reward to assuming the risk. FCX's capital structure is also too complicated for my likes. Yahoo shows a debt to equity ratio of 16::1 which while probably distorted is enough for me to shy away. So unloved maybe it's a great value. I'll leave it to others to discover that. Too busy with my favorites...HGMCY GG GLG MDG HL, in which I have buying to do at the appropriate time (3) From: Louis V. Lambrecht Thursday, Oct 3, 2002 7:28 AM Art - Jim already answered what I would have said for FCX. Further, copper represents twice the Dollar sales of gold. I would rank FCX halfway between the natural resources sectors and the PM sector . FCX has a cc this morning at 9.30 :LINK: |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions