The way this think has sunk, why would you buy before hearing from our MUTE CEO? You are not going to give up much waiting to hear his LONG AWAITING opinion. Don't be foolish1
It's going down b/c the new CEO is tight-lipped and that is taken as a sell and ask questions later. Simple as that! As long as he locks himself in a closet more of this selling will continue.
Don't count on another 13 bagger. Bigger chance of mule winning the Kentucky Derby.
FB was never in danger of becoming a penny stock! The damage can be monumental. Delisting is one major risk that is not in play yet but at this rate it's will be. Thus the debt would not be restructured or could not be restructured at a more favorable rate. TC will not see another year if that happens!
The CEO should not respond to every negative report by an analyst. But this is not ordinary. I have no doubt we are heading below a $1.00 if he does not say something. As far as scrambling every time is hardly the case. He has yet to say one d@mn word.
Well why not come out and address all these doomsday scenarios? Perron should have a handle on the finances or at least the underlying financials going forward. It's not like he's a d@mn lawyer like the last guy. He is a Mining Man for God's sake!
For Mr.Perron to come out and make some sort of comment pertaining to the PPS. After all it was his no comment that started this downward spiral. Generally I would not recommend this but if he doesn't defend the stock it will perhaps go to .50. Thought it had no chance to go that lie but it definitely can.
The piece was subpar at best. No wonder I see no opportunity to reply. Can't believe what these guys write that basically say's nothing. The last few SA pieces have been easily dismantled by some on this board that even a novice like myself can see!
I agree, I thought the article was lame even by SA standards. Good to see Copper trending in the right direction. If that continues all will be okay!
Been shaking these off but beginning to wonder if I've made a huge mistake. Today's SA article kinda takes the cake however. Would they have really built a new mine and be doomed from the start b/c of it's location? I mean really, is this actually a concern??? Good Grief!
Glad RBC came out as a voice of reason. TD must have an agenda, simple as that. Will see is SAC capital still has a large holding if they still exist.
At what point does the Perron need to respond to an analyst basically saying it's probable TC will go bankrupt? I think it's past time! Especially since we are now down approximately 25% or more since he was taken over the helm. What Pam at IR is saying to us must be a contradiction to what Perron is telling these sell side analyst. Perhaps he just needed to keep his mouth shut like he exercised with the shareholders!
Why you think Copper will see $4? What gives you that indication? This pos just might make it to .50. Seems like the new CEO is driving it to that point or Kevin had no idea what he was doing which I believe!
how can one party have such a negative few w/o an agenda or better facts. IR does respond to my inquiries every time. A plus for that!
my reply from IR today:
Thank you for your email and for being a shareholder of Thompson Creek Metals Company.
Over the past several weeks, we have been meeting with sell-side analysts and institutional holders to introduce our new CEO, review our Q3 financial results and provide an update on the Mt. Milligan ramp-up. Our message has been positive and consistent with everyone whom we've met. It is also consistent with what was stated on our conference call:
1. The Mt. Milligan ramp-up continues to go well.
2. We believe we will have sufficient cash to get us through the ramp-up period.
3. We do not believe we have liquidity issues.
4. None of our outstanding notes mature until 2017 at the earliest, which gives us several years of what we expect to be strong performance at Mt. Milligan to generate significant cash.
5. Once Mt. Milligan is fully operational and generating cash, we will review our debt structure and consider options available to us at that time to possibly refinance, repurchase, etc. our debt.
6. We’ve begun shipping concentrate from MTM, and expect our next shipment in January 2014.
7. We expect to reach commercial production on Q1 2014.
We met with TD Securities and communicated the message above. Unfortuntely, the analysts run their own models, make their own assumptions, and write what they see fit, even after they meet with us. We cannot control what they write.
Please do not hesitate to contact me should you have additional questions or concerns. I am traveling, but will be back in the office on Friday.
Director, Investor Relations
303 762 3526