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0.00% 6.9¢ moly mines limited

Interview with Thompson Creek's CEO yesterday states they are...

  1. Dbm
    166 Posts.
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    02/03/10
    15:16
    Post #: 6395691
    Interview with Thompson Creek's CEO yesterday states they are looking for acquisitions in South America and Australia.

    I am sure they are watching the Hanlong deal closely. They have $500 million in cash and plenty of scope for debt financing (they owe a total of $13 million). The CEO states they may spend more than $1 Billion in acquisitions.

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYMdUy4swTeg

    I don't care if it's Hanlong or TC. I just want Spinifex Ridge producing.
    MOL Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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