Freeport McMoran (FCX) Message Board

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Gold/Mining/Energy : Freeport McMoran (FCX)

FCX 39.42

-4.3%

Nov 4 3:59 PM EST

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To: Potato Farmer who wrote (12)	5/4/1998 10:13:00 PM
From: teevee	Read Replies (1) of 141

Hi, I also think there is slight political risk in Indonesia, however, FCX is a core holding in my portfolio as all this company seems to do is replace their ore reserves faster than they can expand to mine them. I view FCX at these prices as a gift and have added to my position. Great resource stocks like FCX, CYM, MNRCY and WMC have lagged the expansion in the various market indices. I believe that when 'catch up comes' it will be dramatic and extremely profitable. regasrds, teevee

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