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Gold/Mining/Energy : Freeport McMoran (FCX) -- Ignore unavailable to you. Want to Upgrade?


To: Investor Clouseau who wrote (132)8/29/2015 12:41:23 PM
From: Mad2  Respond to of 141
 
Well while its a cheaper bet at todays price of $10/share the $20 bil in debit and $600 mil/yr in interest is scary.
With negative GP of $2.0 bil/qtr FCX is digging a deeper hole.
IMO NEM with its strong balance sheet is a better play
AA is another interesting play.
BR, mad2