Thompson Creek Metals Company Inc (fka TCPTF)

[Schweinemeister]

HT2, TC held on pretty tightly to its technical trading range yesterday and bottomed at the 200dsma. Iron ore producer Cliffs Natural (largest iron ore producer) turned in a better than expected quarter, so Molybdenum shipments should be on the rise; TC is a Moly producer (along with Gold, Copper and Silver). Now will need to check its performance against the macro economy, durable goods (a lagging indicator) sucked real bad this morning. I believe that TC is on the way back, I do trade it and hope to be in it when the ship comes in (sustained profits)!!