Thursday, May 09, 2013

TC Reports - It Is Fun To Have Fun

Wow, they are coming hot and heavy.  Thompson metals reported this morning as well, and it was a shocker... they made money!  And just as important, their Mt Milligan project is on target to start August 2013.  The stock is spiking up 11% this morning (Thompson Creek Metals Company Reports First Quarter 2013 Financial Results).

This is huge for my portfolio as TC-PT is one of my largest positions (actually number 4, ahead of CSCO). And TC-PT is directly convertible into TC shares at any time, so simple math says TC-PT should be up in the 11% range as well.

As the Cat in the Hat said, "It is fun to have fun, but you have to know how..."

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