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MoneyShow.com reported on the positive outlook for Freeport McMoRan (PINK:FCXGO).
MoneyShow.com reported on the positive outlook for Freeport McMoRan (PINK:FCXGO).
The market news is quoted as saying:
One of the reasons to prefer Freeport McMoRan to other mining companies is the relatively low capital expenditure—a result of a reliance on restarts, such as that at the Climax molybdenum mine, and expansions at existing mines—forecast by the company to pay for this huge expansion in production.