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mjkiii

04/08/13 10:06 PM

#20187 RE: redflame #20186

Thanks for the post.

I tend to disagree with this analyst also, about the future being in Uranium instead of Copper. As the BRIC countries move forward the demand for copper will be heavy. FQM has a reputation for producing projects very efficiently and the cost of production even by Inmet's approach was well below the industry average. Cobre Panama will be very profitable for them. I noted that he makes his comments without presenting any analysis to back up his postulations. I am not concerned about being an FQM stockholder and will buy more over time. Few companies have a history of +30% ROI to shareholders and a low PE Ratio.