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	<title>The Enlightened American &#187; FCX</title>
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	<link>http://enlightened-american.com</link>
	<description>One person's quest to make sense of a senseless American economy and society.</description>
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		<title>Portfolio Performance +5.2% Through March 2009</title>
		<link>http://enlightened-american.com/2009/04/02/portfolio-performance-52-through-march-2009</link>
		<comments>http://enlightened-american.com/2009/04/02/portfolio-performance-52-through-march-2009#comments</comments>
		<pubDate>Thu, 02 Apr 2009 18:16:49 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[corporate bonds]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[MFN]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[US dollar]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=331</guid>
		<description><![CDATA[Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +5.2% YTD (including dividends) DJIA: -13.3% Nasdaq: -3.1% S&#38;P 500: -11.7% DJ WIlshire 5000: -8.9% Russell 2000 (smallcap): -15.4% The stock market enjoyed a strong rally [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Freeport McMoran Reassures With Latest Update</title>
		<link>http://enlightened-american.com/2009/01/29/freeport-mcmoran-reassures-with-latest-update</link>
		<comments>http://enlightened-american.com/2009/01/29/freeport-mcmoran-reassures-with-latest-update#comments</comments>
		<pubDate>Thu, 29 Jan 2009 18:40:09 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[FCX]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=296</guid>
		<description><![CDATA[Readers can dig into all the gory numbers from the company&#8217;s press release, so here&#8217;s a brief summary of key items: Freeport McMoran (FCX) managed to generate $201M in operating cash flow (OCF) on realized metals prices of $1.55 copper, $818 gold and $24.55 molybdenum. While the moly price has fallen further to $9/lb, Q4&#8242;s [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/01/29/freeport-mcmoran-reassures-with-latest-update/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>DOA Dr. Copper part 2: Northgate Minerals (NXG)</title>
		<link>http://enlightened-american.com/2008/12/05/doa-dr-copper-part-2-northgate-minerals-nxg</link>
		<comments>http://enlightened-american.com/2008/12/05/doa-dr-copper-part-2-northgate-minerals-nxg#comments</comments>
		<pubDate>Sat, 06 Dec 2008 00:14:18 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[copper]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[freeport mcmoran]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[northgate minerals]]></category>
		<category><![CDATA[NXG]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=272</guid>
		<description><![CDATA[See part 1 (Freeport McMoran FCX) here. Northgate Minerals also had a rough Q3: Gold production of 64.6k oz au fell 28% below projections.  Copper production @ 9.2M lbs was 41.3% lower than forecasted a quarter earlier.  While their flagship Kemess mine was the main culprit due to some operational issues (now resolved), all three [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DOA Dr. Copper part 1: Freeport McMoran (FCX)</title>
		<link>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx</link>
		<comments>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx#comments</comments>
		<pubDate>Thu, 04 Dec 2008 19:20:32 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[copper]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[freeport mcmoran]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[northgate minerals]]></category>
		<category><![CDATA[NXG]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=273</guid>
		<description><![CDATA[Beware to those who ignore historical market cylicality.  I made two late-cycle investments in stocks heavily associated with copper and am paying for it now.  While I hardly bought in at the top, being early doesn&#8217;t feel much different from being wrong.  Unlike my previous blow-up with American Capital (ACAS), I do not believe the [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Portfolio Performance: -0.4% YTD through September 2008</title>
		<link>http://enlightened-american.com/2008/10/01/portfolio-performance-04-ytd-through-september-2008</link>
		<comments>http://enlightened-american.com/2008/10/01/portfolio-performance-04-ytd-through-september-2008#comments</comments>
		<pubDate>Thu, 02 Oct 2008 03:35:13 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[acas]]></category>
		<category><![CDATA[AMAT]]></category>
		<category><![CDATA[BAM]]></category>
		<category><![CDATA[dvn]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[NTE]]></category>
		<category><![CDATA[NZT]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=233</guid>
		<description><![CDATA[Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: -0.4% YTD (including dividends) DJIA: -18.2% Nasdaq: -21.5% S&#38;P 500: -20.7% DJ WIlshire 5000: -20.0% Reuters 2000 (smallcap): -11.3% Unfortunately, the listed portfolio has wandered into negative [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/10/01/portfolio-performance-04-ytd-through-september-2008/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Market Commentary Part 2 (or Ball Watching)</title>
		<link>http://enlightened-american.com/2008/09/15/market-commentary-part-2-or-ball-watching</link>
		<comments>http://enlightened-american.com/2008/09/15/market-commentary-part-2-or-ball-watching#comments</comments>
		<pubDate>Tue, 16 Sep 2008 05:20:25 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[financial markets]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=223</guid>
		<description><![CDATA[I start with an analogy&#8230;I used to be a big fan of that TV show, Friends but toward the end of its run, I got really bored with the show and couldn&#8217;t have cared less when it came off the air.  And my least favorite character was Joey, so I had absolutely no interest when [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/09/15/market-commentary-part-2-or-ball-watching/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Bloodbath in the Resource Sector</title>
		<link>http://enlightened-american.com/2007/11/12/bloodbath-in-the-resource-sector</link>
		<comments>http://enlightened-american.com/2007/11/12/bloodbath-in-the-resource-sector#comments</comments>
		<pubDate>Mon, 12 Nov 2007 20:36:00 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[CNQ]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[NOV]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PCU]]></category>
		<category><![CDATA[stock market]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/blog/?p=46</guid>
		<description><![CDATA[Looks like last week&#8217;s selloff finally caught up to us. Some really notable names off hard: NOV off ~6 pointsPBR off ~8 pointsPCU off 9+ pointsABX off 3+ pointsAUY off 1+ pointBHP off 3+ pointsCNQ off ~6 pointsFCX off 10+ points In my portfolio, AEM, TCK, PWE, hell pretty much everything in there is throwing [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2007/11/12/bloodbath-in-the-resource-sector/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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