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3 Reasons to Like Freeport McMoRan

Investing News Network
Jul. 25, 2011 06:15PM PST
Industrial Metals Investing

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.

To read the full market news, click here.

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