No. of Recommendations: 0

I could buy a copper miner like FCX, but there future is mostly based on a single commodity, mined in a single country.

Actually the FCX mine is not only a huge copper deposit but is the world's largest gold mine to boot. But I agree that Indonesia is the country, and I don't consider it stable although I might be wrong. Also things like cave ins can occur. They had one in the open pit some years ago, and it took them something like a year to recover. During that period, the stock of FCX was murdered.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.