RE:Potential buyer
The price of moly is depressed and currently the only cashflow TCM has is coming from the milling of the stockpile at Endako. The Thompson Creek mine is not producing so if Mt. Milligan does not generate strong positive cashflow by May then they are in trouble. Mt. M is too low a grade to make money and then should anyone take them over there is still the issue of reclamation for the mines and is there enough dollars put aside in bonds for that?