Copper Gold and Oil and Gas: there is always a buyer. Price is only issue. FCX has the inventory and makes $ at most any price. FCX solid as a rock, safe good business model. My only concern is a positive one: will XOM or CVX or other major energy company will see the brilliance of the combination and write a check and completely BUY FCX with all that cash. Even Apple or Google can buy this company.
Warren Buffet is looking for this kind of deal l!!! He said:
"The basic ideas of investing are to look at stocks as business, use the market's fluctuations to your advantage, and seek a margin of safety. That's what Ben Graham taught us. A hundred years from now they will still be the cornerstones of investing."