Skip to content
August 25, 2009 / Jeb

Thompson Creek (TC) Raising 217 Million Dollars, Looking to Acquire Assets.

Thompson Creek announced today that it went through a bought deal financing and the proceeds will go to possible acquiring of molybdenum assets.  I have been discussing for months that the best candidate which is extremely undervalued, located in the US and has the best low cost molybdenum assets is General Moly.  I would not be surprised if an offer is put on the table for General Moly as it is the only other pure moly play in the US.  Stay tuned.

2 Comments

Leave a Comment
  1. Skater / Aug 31 2009 1:17 pm

    would you own GMO outright?

    • Anticipate Opportunities / Aug 31 2009 7:10 pm

      i do own a large position in gmo.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: