Glimmer of hope in a crazy world.. All aspects of construction of Thompson Creek Metals Co. Inc.’s (3.53-0.13-3.55%) Mount Milligan copper-gold project in central British Columbia are on schedule to allow production start-up in the fourth quarter of 2013, Desjardins Securities analyst John Hughes said after taking a site tour this week. “There are no metallurgical concerns as ore has been extensively tested and a high-quality, saleable copper-gold concentrate is expected,” he said.
Upside: Mr. Hughes maintained a “buy-average risk” rating and $9.10 price target.