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9 pts

Opinion on  FreeportMcMoRan Copper & Gold Inc (FCX)     Sector: Basic Materials  >  Industry: Metal Mining
Hold FCX

Jun 24, 2008 10:44 PM UTC
11235
Return Risk
+0.77% LOW
Sr. Associate

A strong metals maker, it is a prime candidate for Vale and Rio to add to its copper and molybdenum exposure in the middle of a global infrastructure boom.  It has recently traded lower because it's been incorrectly abused as a proxy for gold. 

 

UBS made a statement, which can be found here:

http://www.streetinsider.com/Analyst+Comments/UPDATE%3A+UBS+T...

 

 


FCX:  This call was made on 06/24/08 @ $116.36
Rating:   Neutral/Hold   $116.36 (06/24/08)
Closed:   06/27/2008 @ $116.52 (+0.14% in 3 days)
Target:   $167.00 (+43.52%) in > one year


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Who voted on this idea?
Thomas George 22% 06/25/2008
albertsmith N/A 06/25/2008



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thebigkill previously rated FCX
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