Thompson Creek Metals Company Inc. (NYSE:TC)

CAPS Rating: 4 out of 5

Thompson Creek Metals mines, mills, processes, and markets molybdenum products in Canada and the United States.

Recs

0
Player Avatar Imhilion (93.25) Submitted: 7/10/2012 3:04:54 AM : Outperform Start Price: $3.40 TC Score: -35.79

Trading at way below liquidation value and a ridiculously low P/E ratio in the 3 range? I'm sold!

Member Avatar charliedawgg (< 20) Submitted: 7/13/2012 10:51:24 PM
Recs: 0

Hi Imhilion,
It was mighty tempting to grab some shares at 2.84 today, but I'm thinking it might be wise to wait until TC's teleconference on August 9. Any thoughts on this strategy? I can't imagine any short-term good news being announced, and I know that (perceived) negative news is likely to drive the share prices even lower. Thanxx.

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