Opinions
Dennis da Silva
Thompson Creek Metals Co
TC-N
DON'T BUY
Aug 16, 2012
$2.420
Stock price when the opinion was issued
Mining
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
DON'T BUY
One of the larger pure play moly producers. Recently acquired Mount Milligan, a British Columbian mine. Thinks the stock price is so low because they overpaid for this asset. Mount Milligan is going to cost over $1 billion to get up and running. Had challenges raising the money so came out with some sort of hybrid equity issue which the market didn’t like. Stock is fairly valued here.
Mining
Advertising
Are building a core asset in BC. Good core management group and good jurisdiction. But they are running out of money. Moly has fallen off a cliff and is a surprise. Not sure how they will raise equity in this kind of market.