RE:Moly $12.93Ah, did you see the recently released production numbers related to the ramp up at MM? For silver, gold, and copper, looking good so far. The mine has ramped up to commercial production, basically without a hitch. Later this year, they'll be running at 75-85% of plant capacity, and the revenues will be flowing, likely POSITIVELY.
As for moly operations, and talk of possible C&M for their moly mines, I seriously doubt it, especially with moly moving, UP! That's likely NOT a blip, or short term thing either, as inventories are quite low, and mining operations that were supposedly either expanding, or expected to go online near term, have not, and a shortage looks to be shaping up.
Assuming that TC's moly operations keep on rolling, phase is completed and imo, there's really no reason to think outherwise, TC's revenues could increase greatly THIS year, blowing away analyst's expectations.
Imo, Perron has set the bar low expectations wise, but is executing nearly flawlessly. Another couple quarters of that bearing out, and the pps could hit $7, sooner than folks think. Then again, BAML is the lone company, who actually has that as their price target. Imo, the others who follow this company, aren't quite up to speed, but that could also change also, along with the pps. I'll continue to ACCUMULATE, in anticipation of TC meeting or beating expectations, but as always, we shall see ...