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Freeport McMoRan (FCX) $US28.50

FCX is a major global Copper miner that has halved in price over the past 6 months as recession fears mount. MM sold its position in FCX above $US50 in March and we once again see value in this well-managed, geographically diverse miner.

MM is bullish FCX below $US30
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Freeport McMoRan (FCX)
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