Freeport-McMoRan (FCX)

[eddy2]

Still a shareholders deficit when you take the spread between the treasury stock and credit taking into account the debt. You can tell one side of the equation and spin a positive or negative from it depending on what side of the equation your addressing.

It’s when you look at both sides that the deficit becomes apparent.

Is this stock issue overstated? There is no question in my mind it is because the future is always an unknown in mining. I’m not about to spend my hard earned money on future speculation. I purchase and sell pending the moment relative to the past numbers.