FCX bought

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I started building a position in FCX(18.05 -3.77 -17.28%, ) today at 102.05/share. I will buy some more if it gets to 90 to lower my average cost.

FCX is the biggest copper miner in the world. They’re in a business that require a large investment, which means that they have a big moat.

Excellent growth rate in the past 10 years shows how its management is doing a good job.

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Published:
07.23.08 / 4pm
Category:
journal