InvestorsHub Logo

nutsaboutgolf2001

10/22/06 11:13 AM

#56649 RE: MRothaus #56644

RE FCX - My understanding is that FCX is primarily a copper/precious metals play, no nickle to speak of. My favorite nickle plus plays are FNX.TO (nickle, copper and precious metals), RNO (nickle and gold) and LIM.TO (nickle, copper and gold) and SKR.TO (startup nickle). All four are Canadian companies and at present I own the first three. Nickle stocks account for over 25 % of my "self managed" portfolios. Of the above FNX.TO is probably the safest investment at this point as the other three have been on a recent strong upswing. But frankly almost any nickle stock will do; I find I am a lot better at picking the industries (e.g. nickle) than picking particular stocks. I am almost as keen on zinc and I believe BWR.TO and SPM.TO have the greatest upside potential in that sector though HBM.TO is again probably the least risky. I own them all.