First Quantum Minerals Share Discussion Threads

[stuart14] 17/7/2009 15:22

Great performance here. Does nobody follow it anymore?

[enewman36] 11/12/2008 15:05

Well there is a positive reaction in Toronto which should bode well here tomorrow if it holds.

[pecker1] 11/12/2008 13:30

The tax/duty changes announced today by the DRC government should be very helpful to FQM.

[ben gunn] 21/11/2008 15:23

Any ideas?...Fresh civil War ?

[jakes114] 03/11/2008 18:49

FQM are making pots of money even at these low copper prices
with their gold and colbalt credits their cost of producing copper must be one of the lowest in the world
Nice rise today and strong in Canada tonight
Quality will always win out

[misteron] 03/11/2008 10:20

what is your reasoning for another plunge

[pillion] 31/10/2008 12:52

FQM is still shaky ben

ready for another neck-line plunge

IMHO, dyor

[pillion] 24/10/2008 16:55

bg

LOL !!!!

[ben gunn] 23/10/2008 16:06

Any one want to catch a falling knife?

Post 106 looks a bit shaky from today's perspective!

[ben gunn] 23/10/2008 16:04

Any one want to catch a falling knife?

Post 106 looks a bit shaky from today's perspective!

[pillion] 10/10/2008 11:35

Aye, they'll soon be moth-balling mines

imho, no advice intended

[pillion] 09/10/2008 16:39

Where is the Profit and Loss Account for December 2007 ?

[pillion] 06/10/2008 15:21

Glum opening in Canada

[enewman36] 14/8/2008 10:02

First Quantum, Kinross Gold May Advance; ING Canada May Fall

By John Kipphoff

Aug. 13 (Bloomberg) -- First Quantum Minerals Ltd. may advance, based on bids on the Toronto Stock Exchange, after it reported better-than-estimated earnings and copper prices rallied from the biggest selloff in nine months.

Kinross Gold Corp. may be among bullion mining shares that climb today, as its profit matched forecasts and the price of the precious metal rebounded. ING Canada Inc. may decline after the insurance company reported earnings that fell more than analysts estimated.

The Standard & Poor's/TSX Composite Index dropped 0.3 percent to 13,167 yesterday in Toronto as industrial and financial companies declined.

Canada's benchmark, which derives more than two-fifths of its value from raw-materials and energy shares, has fallen 13 percent from its June peak after energy and commodity prices retreated from records on concern tighter credit and slowing growth will hurt demand.

First Quantum may advance 65 cents to C$57.75, bids already submitted in Toronto indicated. The miner of copper in Africa said second-quarter profit rose 69 percent to $208 million because of higher output and prices. Per-share profit of $3.02 exceeded the $2.96 average of analyst estimates compiled by Bloomberg.

[jakes114] 03/8/2008 23:36

No depends on what Canada does and they have a day off Monday, this is a great stock and will fly later this year
Added in for free is the prospect of a buyout/takeover

[jakes114] 01/7/2008 09:13

Looks like the bottom to me should get a steady run up during the quiet season with low volume
Just my thoughts
Jakes

[eastwind] 16/6/2008 21:48

No one knows the bottom. I think the drop could be related to windfall tax or higher royalties in Zambia. For the time being, the major copper production is in Zambia.

Hope the tax situation can be clear in the near futuer so that FQM can be valued easily.

Cost (energy, wage) inflation could also be a problem for FQM. XTA, RIO, AAL or BLT all have significant thermal coal production which has price infloation of 100%. FQM has to bear the cost of fuel.

I am not sure about the electricity supply. If it is a issue, then it could be a very big problem.

[vermilion1966] 16/6/2008 16:59

Is this the bottom here? It seems to bounce if it ever falls below these levels.

[goinbroke] 09/6/2008 19:48

You can Hear a Pin Drop

[goinbroke] 04/6/2008 18:03

Still immensely quiet on here.

[goinbroke] 04/6/2008 16:40

Very Quiet Thread.

[goinbroke] 29/5/2008 15:16

£39.60 x 1.94724=C$77.11