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Thompson Creek Metals Company Inc. Message Board

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  • simpkinsco simpkinsco May 8, 2012 1:40 AM Flag

    Just announced: possible 50 million new shares from tMEDS offering

    Tmed vs common

    Will the Tmeds be traded like preferred shares on an open market??

    Seems like a 25% dilution to existing share holders..

    But the bottomline profits should grow more than the 25% and fast..by bringing on the gold and copper revenues...They should clarify time line for this..

    Management could have done this better by longterm financing of the total bill OR just plain sold the mine.

    My guess the TMeds go to 16.00 over a year to yield 10%
    I will short them if these trade
    and common ??? Don't know Stays in 4's

    I am getting out

    Why didn't they go to existing shareholders first

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    • <Will the Tmeds be traded like preferred shares on an open market>


      Thompson Creek will apply to list the tMEDS on the NYSE under the symbol “TC PR T”. If approved for listing, Thompson Creek expects that the tMEDS will begin trading on the NYSE within 30 calendar days after the tMEDS are first issued.

      <Seems like a 25% dilution to existing share holders>

      yeah but it is 3 years out . a full year and a half after milligan is up and running and big $$$ are hopefully flowing.

      <But the bottomline profits should grow more than the 25% and fast..by bringing on the gold and copper revenues...They should clarify time line for this..>

      exactly! profits should be WAY up by then. if it was a $15-$20 sp before 25% dilutuon, as people have said, then isn't it a $10-$15 after? yeah they should have clarified !!! who the hell does a pr on dilution and debt with no info on the terms. very poorly done.
      on the cc yesterday they reconfirmed all guidance through 2013.

      <My guess the TMeds go to 16.00 over a year to yield 10% I will short them if these trade and common ??? Don't know Stays in 4's>

      if you are a long term investor this could be an unreal deal couldn't it?.
      you could get 4-5 shares in three years for whatever it trades for. if they really trade for $16 someday and you hold on and IF the sp in 3 years is $10.00-12.00 you will have done pretty well for yourself.

      if this is all they need and don't do anymore dilution....

      just trying to look on the bright??? side


      boy did they f-up

 
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