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Thompson Creek Metals Company Inc. Message Board

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  • luckytrufflepig luckytrufflepig May 8, 2012 9:04 AM Flag

    tMed buy back.

    You are either trying to sound naive or really have no clue what just happened. The money has already been made by shorts put in before the deal was priced. There will be no buyback. Everyone is likely hedged shorts vs. potential stock from TMeds. Now they just sit and collect fat interest payments . I assume that you do know that rates are sub 1% for safe money. The other 200MM provides an equity cushion to ensure that the company will be around long enough to keep paying. If anything I would short the stock against the units at some point but much of that juice was squeezed out by yesterday's share price action and pricing. q