Surprise Not sure why the stock increased after the year end financials were released. Summary - $1.0 b debt - Revised ore reserves Endako and Idaho will be substantially reduce operating life, resulting in higher stripping ratio - higher cost - Endako break-even at best with $10.00 moly - Idaho Mine (only part of the company making money) will become a liability in the 4th quarter as will be put on care and maintenance. Will require large capital expense to expose ore later on as waste mining will be high. - Only positive is Mt Miligan, but long way to go. Half the gold sold at $450 and copper hanging around $3.20. - With no revenue from Idaho mine in 2015, and questionable revenue from Endako, the only game will be Mt Milligan. It will be a long time before the debt is paid. The only saving grace is higher copper, gold and moly prices and the forecast is not positive. Future looks bleak. Good luck