110

Freeport McMoran Copper & Gold (FCX-N)

ON STOCKCHASE SINCE Oct 2003

Copper and gold mining in Indonesia.

non-base metal mining

Freeport McMoran Copper &...
FCX-N

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What the experts are saying about FCX-N

Signal	Opinion	Expert
BUY	Freeport McMoran Copper & Gold(FCX-N) November 16, 2018 Has been building a base. Thinks commodities will be sucked up with any rally of gold or crude. He’s a buyer and a holder here. non-base metal mining 0 0 0 0 0 0 comments	Has been building a base. Thinks commodities will be sucked up with any rally of gold or crude. He’s a buyer and a holder here. non-base metal mining 0 0 0 0 0 0 comments Elliott Fishman Director o, Trading Services Gro... Price $11.960 Owned Yes

COMMENT	Freeport McMoran Copper & Gold(FCX-N) November 7, 2017 Although they are in a number of minerals, this trades closer to copper, and copper has done really well. The stock is going to be volatile, as there are going to be hits and misses on earnings. It is underpinned right now by some pretty decent fundamentals on the commodity side. There are a number of secular drivers that he suspects will be behind this. Hasn't seen anything that indicates you need to be overly cautious. non-base metal mining 0 0 0 0 0 0 comments	Although they are in a number of minerals, this trades closer to copper, and copper has done really well. The stock is going to be volatile, as there are going to be hits and misses on earnings. It is underpinned right now by some pretty decent fundamentals on the commodity side. There are a number of secular drivers that he suspects will be behind this. Hasn't seen anything that indicates you need to be overly cautious. non-base metal mining 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $14.550 Owned Unknown
HOLD	Freeport McMoran Copper & Gold(FCX-N) November 6, 2017 Copper markets have had a great move this year. This has some gold, but mostly copper and a lot of oil. The balance sheet got very stretched. They've done a great job of paying down debt. Looking in better shape than they have for a long time. Thinks there is still upside to go. non-base metal mining 0 0 0 0 0 0 comments	Copper markets have had a great move this year. This has some gold, but mostly copper and a lot of oil. The balance sheet got very stretched. They've done a great job of paying down debt. Looking in better shape than they have for a long time. Thinks there is still upside to go. non-base metal mining 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $14.640 Owned Unknown
HOLD	Freeport McMoran Copper & Gold(FCX-N) October 16, 2017 It is a consolidating stock since mid-2015. There is technical resistance about $16. It keeps repeating this. If it could break this it would be quite bullish. Until then it is moving sideways. non-base metal mining 0 0 0 0 0 0 comments	It is a consolidating stock since mid-2015. There is technical resistance about $16. It keeps repeating this. If it could break this it would be quite bullish. Until then it is moving sideways. non-base metal mining 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $15.270 Owned Unknown
DON'T BUY	Freeport McMoran Copper & Gold(FCX-N) May 16, 2017 When times are good, this company makes tons of money. Then, unfortunately, they often make a lot of lousy acquisitions and/or get into other businesses. This company eventually had to eliminate the dividend because they were paying out too much. These are stocks that you “rent” not “own”. non-base metal mining 0 0 0 0 0 0 comments	When times are good, this company makes tons of money. Then, unfortunately, they often make a lot of lousy acquisitions and/or get into other businesses. This company eventually had to eliminate the dividend because they were paying out too much. These are stocks that you “rent” not “own”. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $11.770 Owned No
PAST TOP PICK	Freeport McMoran Copper & Gold(FCX-N) February 13, 2017 (A Top Pick Feb 16/16. Up 150.55%.) About a year ago, you couldn’t give resource stocks away. This was into copper and oil and it had a really bad balance sheet. Copper turned around and oil did better. He recently sold his position. He is not as bullish on copper and oil now. non-base metal mining 0 0 0 0 0 0 comments	(A Top Pick Feb 16/16. Up 150.55%.) About a year ago, you couldn’t give resource stocks away. This was into copper and oil and it had a really bad balance sheet. Copper turned around and oil did better. He recently sold his position. He is not as bullish on copper and oil now. non-base metal mining 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $15.960 Owned No
BUY	Freeport McMoran Copper & Gold(FCX-N) January 3, 2017 About a year ago, he was a big fan of this. This is a stock that was trying to find its own way. It didn’t know what it wanted to be. Right now this is a stock that you need to own. It looks great. non-base metal mining 0 0 0 0 0 0 comments	About a year ago, he was a big fan of this. This is a stock that was trying to find its own way. It didn’t know what it wanted to be. Right now this is a stock that you need to own. It looks great. non-base metal mining 0 0 0 0 0 0 comments Elliott Fishman Director o, Trading Services Gro... Price $13.780 Owned Unknown
DON'T BUY	Freeport McMoran Copper & Gold(FCX-N) August 25, 2016 This would only be for speculators. Copper prices have been falling because demand out of China isn’t as great as it was deemed to be 2 weeks ago. They are a single B credit, which has them in low junk status, because of their debt and low, if not negative, cash flows. non-base metal mining 0 0 0 0 0 0 comments	This would only be for speculators. Copper prices have been falling because demand out of China isn’t as great as it was deemed to be 2 weeks ago. They are a single B credit, which has them in low junk status, because of their debt and low, if not negative, cash flows. non-base metal mining 0 0 0 0 0 0 comments David Driscoll President , Liberty Internationa... Price $11.090 Owned Unknown
SELL	Freeport McMoran Copper & Gold(FCX-N) July 26, 2016 Short or Buy? This has gone from mid-$50 to below $10. The recent rally to $12.57 may seem impressive, but looking at a 5-year chart, this is still in a major downtrend. Commodities have just finished a major cycle, and going by past history, it takes 3, 5, or even 7 years for big commodity cycles to recover and go back up. He would not hold this one. non-base metal mining 0 0 0 0 0 0 comments	Short or Buy? This has gone from mid-$50 to below $10. The recent rally to $12.57 may seem impressive, but looking at a 5-year chart, this is still in a major downtrend. Commodities have just finished a major cycle, and going by past history, it takes 3, 5, or even 7 years for big commodity cycles to recover and go back up. He would not hold this one. non-base metal mining 0 0 0 0 0 0 comments William Chin Portfolio , Caldwell Investment ... Price $12.680 Owned Unknown
BUY on WEAKNESS	Freeport McMoran Copper & Gold(FCX-N) June 23, 2016 This had a massive write off. In Canada, material stocks have not written off their balance sheets, and he doesn’t know why. His model price is $10.54, but he would wait for a pullback to around $4. non-base metal mining 0 0 0 0 0 0 comments	This had a massive write off. In Canada, material stocks have not written off their balance sheets, and he doesn’t know why. His model price is $10.54, but he would wait for a pullback to around $4. non-base metal mining 0 0 0 0 0 0 comments Brian Acker, CA Chief Exec, Acker Finley Inc.... Price $11.770 Owned Unknown
DON'T BUY	Freeport McMoran Copper & Gold(FCX-N) May 3, 2016 This is a materials company, mostly in copper and some in gold. The issue he has is its debt, and how much of an issue that puts them in if we start to see some failure on the commodity side. non-base metal mining 0 0 0 0 0 0 comments	This is a materials company, mostly in copper and some in gold. The issue he has is its debt, and how much of an issue that puts them in if we start to see some failure on the commodity side. non-base metal mining 0 0 0 0 0 0 comments Gordon Reid President, GoodReid Investment ... Price $12.010 Owned No
TOP PICK	Freeport McMoran Copper & Gold(FCX-N) February 16, 2016 This is a basket case and has been a disaster. They bought $20 billion of oil/gas assets right at the peak of the market. They levered up the balance sheet and the stock dropped 90% over a period of basically 4 years. Recently got re-permitted in Indonesia. Just sold off some of their copper assets. He could see this trading up around $10-$12 without much difficulty. non-base metal mining 0 0 0 0 0 0 comments	This is a basket case and has been a disaster. They bought $20 billion of oil/gas assets right at the peak of the market. They levered up the balance sheet and the stock dropped 90% over a period of basically 4 years. Recently got re-permitted in Indonesia. Just sold off some of their copper assets. He could see this trading up around $10-$12 without much difficulty. non-base metal mining 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $6.370 Owned Yes
DON'T BUY	Freeport McMoran Copper & Gold(FCX-N) January 11, 2016 They have diversified out of just copper. He does not know where the bottom is for this stock. non-base metal mining 0 0 0 0 0 0 comments	They have diversified out of just copper. He does not know where the bottom is for this stock. non-base metal mining 0 0 0 0 0 0 comments Larry Berman CF Chief Inve, ETF Capital Manageme... Price $4.310 Owned Unknown
DON'T BUY	Freeport McMoran Copper & Gold(FCX-N) October 29, 2015 He does not think the dividend is safe. It comes down to what you think is going to happen in China. He feels they will continue to slow. non-base metal mining 0 0 0 0 0 0 comments	He does not think the dividend is safe. It comes down to what you think is going to happen in China. He feels they will continue to slow. non-base metal mining 0 0 0 0 0 0 comments Kash Pashootan CEO & Chie, First Avenue Investm... Price $11.630 Owned Unknown
COMMENT	Freeport McMoran Copper & Gold(FCX-N) August 26, 2015 It is amazing how this has fallen. The one lesson you are constantly taught in this business is that you have to think outside of the box. This is heavily leveraged to the commodity complex, particularly copper and gold. It is a fairly leveraged company, and for that reason free cash just disappears when commodity prices fall. He would prefer Rio Tinto (RIO-N) if he were to go into this area. It has a better profile from a balance sheet standpoint. non-base metal mining 0 0 0 0 0 0 comments	It is amazing how this has fallen. The one lesson you are constantly taught in this business is that you have to think outside of the box. This is heavily leveraged to the commodity complex, particularly copper and gold. It is a fairly leveraged company, and for that reason free cash just disappears when commodity prices fall. He would prefer Rio Tinto (RIO-N) if he were to go into this area. It has a better profile from a balance sheet standpoint. non-base metal mining 0 0 0 0 0 0 comments Gordon Reid President, GoodReid Investment ... Price $7.920 Owned No

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