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URL:  https://boards.fool.com/tzusu-dont-forget-about-freeport-mcmoran-fcx-27235772.aspx

Subject:  Re: Let's Talk Stocks - BHP and Metals Date:  12/1/2008  1:16 PM
Author:  kmorley123 Number:  461 of 4519

TzuSu:

Don't forget about Freeport McMoRan (FCX), the world's largest producer of copper.

FCX is more of a pure-play copper producer, but they are somewhat diversified, like BHP.

FCX is lumped in the same basket with the other metal producers: even though fundamentals are excellent, the share prices are down sharply because investors fear slowing demand.

Also, I don't think you mentioned that BHP produces a significant amount of gold. As a result, the share price tends to fluctuate in tandem with gold prices.

I opened positions in both BHP and FCX at the end of October. I know that's very short-term, but I'm been pleased with the results so far.

Cheers!

Ken (long BHP and FCX)
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