Freeport Worth $45 Despite China Woes
- Saturday, March 10, 2012, 2:34
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China’s lowered its GDP target growth rate for the first time in eight years, and this sent ripples across shares of global miners including Freeport McMoRan, Vale and Rio Tinto. While in the short-term commodity prices have reacted negatively to this news, we expect the Chinese appetite for commodities to remain strong and drive prices higher in the long-term.
http://www.forbes.com/sites/greatspeculations/2012/03/09/freeport-worth-45-despite-china-woes/
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