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Thompson Creek Metals Company Inc. Message Board

  • ssuehtemorp ssuehtemorp Apr 23, 2013 5:03 PM Flag

    USEG and Mt. Emmons Moly Mine

    Looks like Thompson Creek left a lot of value on the table when they pulled out of the joint-venture with U.S. Energy for Mt. Emmons. The U.S. Forest Service placed the mine into the NEPA Process earlier today.

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    • I wouldn't hold your breath waiting for USEG successfully bringing that project along. From what I can tell, they don't have very deep pockets, and getting a mine fully permitted, built, and operating in Colorado, relatively close to a multitude of outdoor activities and activists, well, again, good luck, you'll probably need it imo. No, I'll stick with TC, they already have moly mines, the roasting/processing facilities, and soon, later this year, with Mt. Milligan, are diversifying into copper and gold. A much better bet, imo, with decent profits likely in the not too distant future. But we'll see.

      Sentiment: Strong Buy