Strong Headwinds Near Moly

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    Thompson Creek Metals has had an upgrade and a downgrade. With eight analysts having cut their target, is it time to bail out of the stock? Publicly traded, pure molybdenum producer Thompson Creek Metals Company Inc (TCM-T) has decided to go against the grain. Instead of revamping existing equipment as originally envisioned, the …

 

 

Thompson Creek Metals has had an upgrade and a downgrade. With eight analysts having cut their target, is it time to bail out of the stock?

Publicly traded, pure molybdenum producer Thompson Creek Metals Company Inc(TCM-T) has decided to go against the grain. Instead of revamping existing
equipment as originally envisioned, the firm has taken a decision to upgrade and expand the Endako molybdenum mine, west of Prince George. At a cost of $124.4 million.

Read the rest of this article on Molybdenum Investing News.

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