Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX)

Yes

Professor Hathaway: When you first started at Pacific Tech you were well on your way to becoming another Einstein and then you know what happened?

Chris Knight: I got a haircut?

I'm All In.

oversold...one of the more diversified commodities plays out there ...and a solid yield while you wait ..over 4% currently

fear market, oversold, higher interest rates in 2014, europe economy going down, rio tinto (kennecott in SLC, UT) had huge open pit cave in.

Copper is a sign of the global economy and its down. This is a speculation that it won't stay down forever. Freeport is poorly managed but copper is copper.

Oh and I am not doing this in response to the fabulous obama miracle economy and 5 year invisible recovery. The US is not going to turn around but eventually Asian demand for copper will increase as will emerging markets. So this is not a cheerleading call for the great job obama is doing in wrecking the United States. These are trough markets because of the clash of Fed policy with absurd political policies. There is no way bernanke can compensate for incompetence.

Copper demand will pick up with US housing recovery.

Good move entering the oil and gas market.

HOW DO YOU RATE FCX

Recent acquisition of MMR... need say no more.

Fcx has always been an up and down stock but it generally performs well over the long term and is a buy right now at it's current price.

Looks expensive.

cooper will be coming back soon with housing, and the general (but slow) recovery.

Smart acquisitions long term has many mines with by products of precious metals as well as industrial metals and recent acquisition into natural gas puts this company in a good position long term

fcx

This company has everything the Chinese want. And China appears to be rebounding. Cooper prices appear ready to rise. I do worry about the new debt incurred.

Great value here. Will outperform long term.

beaten down too much

Buying two E&P companis is aggressive, but it’s a deal that vaults the company to a top five global resources company. It’s also a deal that likely creates substantial long term value for investors. I think Freeport’s big bet on oil and gas will pay off.