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Yael Pipano » Comments » FCX

  • Is It Finally Time to Buy Moly? [View article]
    TC is a great company with capable management and their production of moly will only increase in the next year (as well as moly price I believe). Now is an opportunity to load up on it, the fundamentals are there, I bought it at $6 and watched it jump to $25 overnight. The price now just reflects funds having to liquidate because of too much momentum in commodities/natural resources, not the true inherent value that TC has as a moly only producer in the US and Canada. Wait till the full weight of China bears upon us and see the results in moly sales and profits, TC's stock price will go up way before you see the headlines so put your toes in and start building a position any way you can, you won't regret it!
    Sep 09 19:09 pm |Rating: 0 0 |Link to Comment
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