Thompson Creek Metals Company Inc (fka TCPTF)

[Renee]

TCPTF: effective Oct. 24,2016: Plan of Arrangement. Pursuant to the Plan, Thompson Creek shareholders will receive 0.0988 of a common share of Centerra for each Thompson Creek Share held. Any fractional interests will be rounded down to the nearest whole number.

FINRA deleted symbol, Oct 24, 2016.

http://otce.finra.org/DLDeletions

[seemanabo]

Testing New MB

[trder1]

LOL

[johnnyvolvo]

Hi Mark, dragon here.
Check out the Stockouseboardtoo.
Seems like a better format.
We can all decide later.
Looks like the yahoo board is giving period server not found errors.

As far as the merger, I think it's all academic at this point. The only thing is who is holding and staying - and should we buy more CG?

Two really big questions there. I think.

I'm staying and taking the shares for now, but as for acquiring more CG I am still up in the air.

[johnnyvolvo]

Hi Mark, dragon here.
Check out the Stockouseboardtoo.
Seems like a better format.
We can all decide later.
Looks like the yahoo board is giving period server not found errors.

As far as the merger, I think it's all academic at this point. The only thing is who is holding and staying - and should we buy more CG?

Two really big questions there. I think.

I'm staying and taking the shares for now, but as for acquiring more CG I am still up in the air.

[markweber348]

Another poster is here from Yahoo. This format isn't all that great though, but it will do for now. You have to click on each post to read it instead of being able to read the first few lines of each post.
I should mention the CG.TO and CAGDF board on yahoo(they both go to the same board even though it lists one as OTC and one as Toronto Stock Exchange), don't have any CG posters yet, but if we moved over there it might inspire some original CG investors to start posting, so we can get their thoughts too.

[markweber348]

Another poster is here from Yahoo. This format isn't all that great though, but it will do for now. You have to click on each post to read it instead of being able to read the first few lines of each post.
I should mention the CG.TO and CAGDF board on yahoo(they both go to the same board even though it lists one as OTC and one as Toronto Stock Exchange), don't have any CG posters yet, but if we moved over there it might inspire some original CG investors to start posting, so we can get their thoughts too.

[johnnyvolvo]

Hey old TC board guys, check out the TCM boardonStockHousetoo.

Seems to be a much better format.

I'm still dragonlegaldept on there - whatever everyone wants is ok by me.

[Toenee3232]

Another Tc, Tcgtf, or whatever the new company is investor moving over from yahoo boards....

[johnnyvolvo]

I would assume that won't happen until the Yahoo board is fully gone - it is klugy now but you can still post on it.

This is a bit low rent but hey, it's a home....and it's built and it's here and it's free so....

[cracklesnapper]

This new neighborhood is low rent but still hoping to see the gang show up

[Fasttracker999]

ok sounds like a plan

[johnnyvolvo]

Welcome to any yahoo TC classic forum message board participants - johnnyvolvo here - AKA dragon on yahoo (dragon_legal_department).

This free board gives us 15 posts each per day - it may cut down on the comedy and some replies a little but it should cut down on spam a bit too.

Seems like an okay alternative to the yahoo boards when they finally pull the plug on the classic format.

This board is not formatted as well as the old yahoo boards were, but it will do, I think.

[Hardy]

Nice pay increases for executives of a company which underperformed substantially the last two years during which time the share price dropped like a rock.

[riverrock]

Both debt and metal prices are really hurting Thomson Creek Metals(TC). Perhaps a much bigger move in gold might help them, but I understand that they have an arrangement that doesn't provide full compensation on the gold they mine.

If they can lower their debt and the Moly price got back on track TC would be an interesting speculation.

TC should closely follow development of moly sulfide which is being researched to release hydrogen from water. Hydrogen is used in Fuel Cell Electric Vehicles which a number of auto manufacturers are producing. Hydrogen could also be used to produce electric to power and heat homes.

I often wonder if a safe and reasonably cost hydrogen fuel system can be designed for individuals to provide for their various needs.

http://www.gizmag.com/moly-sulfide-catalyst-hydrogen-production/30762/
excerpt: Chemical engineers have found a 30-year-old recipe that stands to make future hydrogen production cheaper and greener. The recipe has led researchers to a way to liberate hydrogen from water via electrolysis using molybdenum sulfide – moly sulfide for short – as the catalyst in place of the expensive metal platinum.


https://share.sandia.gov/news/resources/news_releases/hydrogen_catalyst/#.Vr0_83r2Zy0


http://www.gizmag.com/molybdenum-oxo-catalyst-for-electrolytic-production-of-hydrogen/14967/

[PAC]

TC .34 +80%

[PAC]

TC .23 para action , bottom bounce

[THREE-DAY-TRADER]

It is probably just a one day short cover rally, that's what my latest 'techs' are telling me for time being thru today and in near term.
Copper, like Gold, and all miners are generally being hammered.
I think TC under .60 overall, generally speaking is fine and will pay off if you have a long enough time horizon, but for now I'm just watching.
It seems we still need to be cautious on miners overall... A painful lesson I've learned myself this week wiht miners.

[joseytheoutlawwales]

Need more volume up to be convincing...

[the cork]

TC Thompson Creek Metals Company (.60) principal operating property is its 100%-owned Mount Milligan mine, an open-pit copper and gold mine and concentrator in British Columbia. The Company's molybdenum assets consist of its 100%-owned Thompson Creek Mine, an open-pit molybdenum mine and concentrator in Idaho, its 75% joint venture interest in the Endako Mine, an open-pit molybdenum mine, concentrator and roaster in British Columbia, and its Langeloth Metallurgical Facility in Pennsylvania.

2015 Production Guidance
Copper: 90 - 100,000 pounds
Gold: 220,000 - 240,000 ounces
Molybdenum: on C+M until prices improve.

Website: http://www.thompsoncreekmetals.com/s/Home.asp
Pinksheets: http://www.otcmarkets.com/stock/TC/quote
TXS as TCM: http://web.tmxmoney.com/quote.php?qm_symbol=tcm
IHUB: http://investorshub.advfn.com/Thompson-Creek-Metals-Company-Inc-TC-11662/



chart]stockcharts.com/c-sc/sc?s=TC&p=D&yr=1&mn=0&dy=0&i=p11524061858&r=1428345566774[/chart]

xxx

[joseytheoutlawwales]

I'm looking for either a stab back towards a dollar to trade out of, and/or if this continues down a likely cash buyout of their molybdenum mine as well as full sale of Co incl Mt Milligan and all debt (around $800 million last I looked) to a larger miner.

Something around $2-3 sale value.

[THREE-DAY-TRADER]

If you're in for the longer haul on it, eventually it may pay off for you.
Good Luck

[joseytheoutlawwales]

I added today again. 3k shares just under .64.

[THREE-DAY-TRADER]

Out of TC. I'll look at it again in the possible near future for re-entry.
Had strong resistance ever since .73.

My followers got in .65 or less.
7-15% performance range on this stock (in about 2 days hold time)

[THREE-DAY-TRADER]

TC looking awesome so far.
I bought near .63 avg and told all followers to buy since Tuesday morning (.62-.65 area).

[joseytheoutlawwales]

And just added more!

[joseytheoutlawwales]

Added today

[THREE-DAY-TRADER]

This was good news & a good update on July 13.

------------------------------------------------------------------------------------------

July 13, 2015 /PRNewswire/ -
Thompson Creek Metals Company Inc. (TC) (TCM.TO) ("Thompson Creek" or the "Company") announced today that during the second quarter of 2015 the Company repurchased and retired $34.2 million principal amount of its 9.75% senior secured notes due December 1, 2017 at an average purchase price of 1.07% of the notes' par value. Total cash used was approximately $37.8 million, inclusive of the payment of accrued interest to the repurchase date of $1.2 million. Future interest savings from this repurchase to the December 2015 call date will be approximately $0.8 million, representing a net average purchase price of 1.024% of par compared to the call price of 1.04875% of par, with future interest savings to the December 2017 maturity date of $8.2 million. Since the completion of the Mount Milligan Mine to June 30, 2015, the Company has repaid and retired 12% of its debt balance, or approximately $121 million, including the net repayments of its capital lease obligations. The Company's target is to reduce its debt over time to approximately three times earnings before income taxes, depreciation and amortization ("EBITDA") for a twelve month period.

The Company's June 30, 2015 cash and cash equivalents balance was approximately $211 million, compared to $238 million at March 31, 2015. Excluding the impact of the notes repurchase announced herein, the Company's cash balance increased by approximately $10 million during the second quarter of 2015.

Jacques Perron, President and Chief Executive Officer of Thompson Creek, said, "During the second quarter we saw continual operational improvements at Mount Milligan, which we believe will continue throughout the remainder of the year. Based on this assessment and our strong cash position, we were able to deploy capital for additional bond repurchases as part of our plan to reduce our debt. We believe these additional bond repurchases illustrate our continuing ability to take advantage of opportunities in the financial markets to proactively strengthen and delever our balance sheet. We will continue to actively evaluate and execute our debt reduction and refinancing measures to reduce interest costs and to extend the maturities of our bonds."


http://finance.yahoo.com/news/thompson-creek-announces-repurchase-34-210100410.html

[THREE-DAY-TRADER]

Started to buy some TC today (privately). I think it is getting close based on my latest analysis. I've been quite patient waiting on it so far.

[THREE-DAY-TRADER]

Yep, it is still getting killed.
TC will be a great opportunity for a trade again. So far hitting .60s for target as was earlier posted.
Looking for .50-.60s for potential buy eventually.

[joseytheoutlawwales]

With the DB downgrade and -11% I wouldn't be surprised to see .50s or lower.

Getting pretty ridiculous valuation now as an investment (not simply a trade), based upon a book value now several multiples higher than present share price.

[THREE-DAY-TRADER]

Ok, thanks. My indicators are telling me it may be getting close to a buy soon. Still not ruling out .60's, however.

[joseytheoutlawwales]

Yup. Nice call.

I'm not even sure if I'm going to enter bids at this point. I might need to see a trend change first.

BUT, the best money here may be made on the .70-1.40 run...

[THREE-DAY-TRADER]

TC doing what I anticipated for risk lower into .70's.

June 22:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114822513

[joseytheoutlawwales]

Descending triangle....

[THREE-DAY-TRADER]

Still sticking to what I said June 22 on TC.
Waiting for a new low. Probably .70 area

[THREE-DAY-TRADER]

It would not surprise me to see new lows next few days or maybe couple of weeks yet on TC.
Just giving my honest thoughts & analysis here. There is still plenty of risk to downside yet in short term. I personally would not be accumulating this over and over again as time goes on towards new lows, but I know there are those who like to do that downhill average down spiral trap.
Additionally, when you look at the sectors it is in (industrial metals & precious metals, etc.), there could be even more risk based on that alone between now and early July.
My thinking is waiting on sidelines has been good so far since early June, and that 'erroring on side of caution' today seems correct yet going forward.

and certainly I've got no regret trading out of it on that last spike to 1.10s in early June (along with directed same to my followers).
That said, I'll be more interested for possible re-entry if this goes down to new lows again, preferably under .80 in terms of seeking an oversold point.
I could change my mind at anytime based on latest data & trading, but that is my speculation of likely movement yet in the short term.

[joseytheoutlawwales]

This is looking worse and worse, meaning better and better for some long term low entry buys

[cspratt15139]

Going to have to grab more now.

[joseytheoutlawwales]

They just might.
With the pattern of TC I'll bet we double-bottom.

But at that point we may be headed to .50.

Either way TC is a good value at present levels.

[cspratt15139]

Come on MMS. Dip it low

[cspratt15139]

here come those .90s

[cspratt15139]

Like to grab some in the .90s

[cspratt15139]

Starter

[THREE-DAY-TRADER]

Out of TC. Made a nice profit, including the 2 prior minor losses when stopped out.
TC was given out May 29 (trading .86-.92) for re-entry.
For people who followed, 15-22% Profit range on TC on 06/03/15 after '3+ days' hold time & based on .92 Max Entry.

[joseytheoutlawwales]

Nice move today!

[THREE-DAY-TRADER]

Today's gain on TC more than makes up for being stopped out 2x over the last week at avg of -3-5% each time, that is assuming people followed my stop-loss protocols in prior entry on this.
...And I stated .92 Max Entry since last Friday.

That bounce off of .86 area last week on Thursday & re-tested Friday was an important technical indicator for me to re-enter it a 3rd time.

[notanoption]

Yeah my personal % is 15% so I put a limit at 1.05 I'm out from here but glad to see it did something other than fall

[THREE-DAY-TRADER]

TC is on a roll so far today above 1.
Always remember the pre-emptive (selling) protocols from Buy Alerts.

[THREE-DAY-TRADER]

It's way too early to judge anything. Besides, the news headline today is not something to only be relied upon as a catalyst.
TC is eventually due to turn upward for a while anyhow.