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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: re3 who wrote (85863)9/26/2001 3:56:28 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
i'm wary of PD, due to the continuing dive of copper prices. FCX is a different cup of tea, due to its large gold production. since its production costs per pound of copper have recently actually gone NEGATIVE net of gold credits, it can't help but make money, regardless of where copper prices eventually end up. the most recent selling in FCX is also due to a perception problem regarding countries with large Muslim populations. per experience, such purely emotion driven sell-offs usually represent buying opportunities.
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