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Gold/Mining/Energy : Freeport McMoran (FCX)
FCX 41.72-1.1%Oct 30 3:59 PM EDT
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To: Lynn who wrote (110)4/24/2008 5:32:41 PM
From: Keith Feral  Read Replies (1) of 141
 
I think the key point is the comment that copper estimates are too conservative. Hadn't really thought about the price of diesel eating into their profits all that much, but my guess is that higher energy costs will be offset by higher copper prices.
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