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Message: Thompson Creek Sees Higher Molybdenum Price, Seeks Acquisitions

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in response to Re: TCM shopping at TTQ by mzsmith
posted on Mar 28, 08 02:08PM

Those of us who are long on this stock have known for sometime that TCM has been watching our every move!

We have a lot of ties with them. ie. Eric Sprott is a large shareholder in both TCM and TTM Resource's and he personally control's Sprott Asset Management's Molybdenum Participation Fund! Also TCM has had their Geologist's on our site going over a lot of core samples. Add to that, Don Davidson who sit's on both board's is keeping both TCM and Eric informed of everything that happen's at the Chu. And he can quite often be found on site!

I'll also add what was mentioned earlier that TCM came out publicly and acknowledged they are looking to buy new molybdenum properties!

With their Close proximity to the Chu and with everything they know about TTM this really is a no brainer.

The only thing that could stand in the way (imo) would be our properties resorce growing to the point that TCM could no longer afford to buy us out. And this is a possibility in the very near future!

So if I were a betting man I would say that the number's have already started crunching.

Geoff

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