All thingsConsidered, the market is doing a pretty good job of absorbing the sellling pressure. Even
though TKO has suffered a setback, its only temporary and as nf has pointed out, the
higher moly price combined with higher copper prices and better mine initiatives, could go
a long way to mitigating the short term low grade/high stripping costs factor. This is not a
dsiaster of monumental proportions and not unusual in the mining game. Taking the longer
view, TKO still has a very bright future. Florence is not going away and with each month
that passes, gets closer to production. Those that are selling out will be replaced by new
money seeing opportunity. This temporary setback looks already priced in.
MS