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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (16859)12/29/2008 9:56:57 AM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 29622
 
FCX will need a turn in the economy due to heavy, heavy copper exposure to make a move, I still think that's as far as a year away. Goldies should move sooner (and are).



To: loantech who wrote (16859)12/29/2008 10:56:30 PM
From: octavian  Read Replies (2) | Respond to of 29622
 
loantech said:

<<Thanks patron. Just looking for another HUI/XAU component. HL seems to be doing me well. Time for FCX?>

--I just read an article in Forbes, in which David Dreman recommended FCX (among many other stocks). According to Dreman, FCX has a P/E of 3 and a yield of 8.7%.

I wonder, does that fall into the "too good to be true" category?


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