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Strategies & Market Trends : Value Investing
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To: John Koligman who wrote (51970)8/1/2013 2:02:01 AM
From: Raptech   of 78667
 
Good question, but either way it should be a good long buy and hold. Copper prices should eventually rise and the drilling should pay off. But, the stock price hasn't performed well for too long. I own some BHP that also is down about 17% and don't need to own both. I did take half my BHP off the table when it was in the 80's last year so own it mostly with profits. I may just wait for a market correction where I can pick up FCX below 27. In the interim can they maintain the divvy.
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