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Freeport-McMoRan Inc. Message Board

  • brnolen24 brnolen24 Dec 7, 2012 9:14 PM Flag


    They spun off MMR 18 yrs ago! MMR was a $20+ stock about 18 mos ago...PXP was a $47 stock earlier this year.....FCX did not that much for them! FCX already owned 5% of MMR.....PXP owned 31% of MMR....think about it! If Davey Jones comes though....WOW what a deal! The knock on MMR was they were not the best drillers around....guess what?...PXP is one of the best drillers around! Look at the synergys....1 CEO..overhead can be cut tremendously...put PXP is charge of drilling. PXP stole a lot of BP's wells at barn burning prices great assets! Copper isn't exactly busting wide open...oil is a better play right than copper is! MMR and PXP had debt...NO MORE...start Rockin 'n Rolling! Give it time guys! THIS WILL BE YOUR BEST BUYING OPPORTUNITY....THAT'S A FACT!!!!

    Sentiment: Strong Buy

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