December 6, 2020
Hey guys first a little about $FCX. They are a unique company with a solid track record, I actually toured one of their plants in the US and I let me tell you, seeing those big reels of pure copper was pretty amazing.
$FCX mines more copper than any other tradable company in the world.
Its assets include the Indonesian Grasberg mining complex, which happens to be the world’s largest copper and gold mine in terms of mineable reserves.
Freeport also has significant mining operations in North and South America.
Now let’s check out the charts. The monthly chart has broken out since the March lows and leaving that rounded bottom behind. The most recent dark pool trade was 330,000 shares @ 23.30 which was a modest amount worth 7.69M that printed 2:29EST November 30, 2020.