Thompson Creek Metals (Blue Pearl Mng)

..... zumindest vorläufig ....

SK: 18,97 (ATH bislang 18,91$)

Letztes Bid: 18,91
Letztes Ask: 18,97


1934 Trades
Umsatz: 1,139 Mio Aktien  

Abschluß des heutigen Tages die House Positions:

 

House Positions

	Exch	House	Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
	T	74  GMP	205,000	3,891,071	18.98		1,600	30,608	19.13		203,400	-3,860,463
	T	10  FirstEnergy	50,000	945,619	18.91		0				50,000	-945,619
	T	14  ITG	59,350	1,132,246	19.08		14,800	280,545	18.96		44,550	-851,701
	T	19  Desjardins	40,750	774,224	19.00		7,580	144,078	19.01		33,170	-630,146
	T	101  FIMAT	32,200	612,049	19.01		5,200	98,957	19.03		27,000	-513,092
	T	99  Jitney	27,000	510,379	18.90		6,500	123,030	18.93		20,500	-387,349
	T	5  Penson	17,575	331,132	18.84		4,665	88,909	19.06		12,910	-242,223
	T	15  UBS	25,660	486,130	18.95		14,100	267,683	18.98		11,560	-218,447
	T	80  National Bank	40,958	780,193	19.05		32,622	622,379	19.08		8,336	-157,814
	T	11  Orion	3,000	56,550	18.85		0				3,000	-56,550
	T	88  E-TRADE	40,475	771,971	19.07		38,200	722,910	18.92		2,275	-49,061
	T	60  Man Fin	800	15,288	19.11		0				800	-15,288
	T	53  Morgan Stanley	350	6,642	18.98		0				350	-6,642
	T	18  Genuity	300	5,684	18.95		0				300	-5,684
	T	57  Interactive	50	945	18.90		0				50	-945
	T	54  Global	200	3,796	18.98		260	4,944	19.02		-60	1,148
	T	48  Laurentian	0				300	5,673	18.91		-300	5,673
	T	2  RBC	78,355	1,491,854	19.04		79,316	1,505,230	18.98		-961	13,376
	T	58  Nomura	0				1,100	20,744	18.86		-1,100	20,744
	T	36  Latimer	34,678	661,690	19.08		36,500	695,546	19.06		-1,822	33,856
	T	6  Union	0				2,000	37,837	18.92		-2,000	37,837
	T	72  Credit Suisse	0				2,600	49,446	19.02		-2,600	49,446
	T	9  BMO Nesbitt	36,355	690,586	19.00		39,097	742,625	18.99		-2,742	52,039
	T	39  Merrill Lynch	600	11,412	19.02		3,600	68,791	19.11		-3,000	57,379
	T	81  HSBC	13,860	263,378	19.00		16,925	323,210	19.10		-3,065	59,832
	T	27  Dundee	7,100	134,845	18.99		12,050	227,191	18.85		-4,950	92,346
	T	85  Scotia	14,165	269,212	19.01		19,240	365,930	19.02		-5,075	96,718
	T	33  Canaccord	17,261	327,493	18.97		22,751	432,274	19.00		-5,490	104,781
	T	79  CIBC	31,430	595,377	18.94		37,368	709,109	18.98		-5,938	113,732
	T	37  MacDougall	0				6,000	114,450	19.08		-6,000	114,450
	T	16  Paradigm	0				17,000	324,700	19.10		-17,000	324,700
	T	46  Blackmont	200	3,790	18.95		39,308	741,194	18.86		-39,108	737,404
	T	1  Anonymous	128,300	2,439,476	19.01		179,600	3,409,226	18.98		-51,300	969,750
	T	89  Raymond James	1,000	19,150	19.15		53,354	1,013,601	19.00		-52,354	994,451
	T	65  Goldman	400	7,472	18.68		100,000	1,900,546	19.01		-99,600	1,893,074
	T	7  TD Sec	232,346	4,422,178	19.03		346,082	6,590,466	19.04		-113,736	2,168,288
		Total	1,139,718	21,661,832	19.01		1,139,718	21,661,832	19.01		0	0

 

nun mal was ganz neues. heute hab ich mal kaffee gekocht.
ist glaub ich ein bißchen stark geworden. kann aber nicht schaden,
weil wahrscheinlich einige einen dicken fetten kater haben;-)

einen schönen grünen tag

warf
 

die 19 erweist sich nun als etwas hartnäckig, ich kann mir durchaus vorstellen das wir die nächsten Tage daran zu beissen haben, auf der anderen Seite kann sie auch schnell fallen, wir kennen ja unsere Perle, die macht eh was sie will.
Nun können wir nur hoffen und die Daumen drücken das uns Ian nicht enttäuscht und die News zum WE bringt...... sollte dies so sein bin ich jetzt schon gespannt wohin die Reise geht, sollten diese wieder verschoben werden wird es wohl schnell wieder gen Süden gehen.......
auf einen Grünen Tag........

TCM-Fakten-Thread (Bitte Nur zum Lesen!)
http://www.ariva.de/board/281353
TCM-Charts
http://www.ariva.de/Thompson_Creek_Metals_Charts_t291779
- das Sperren dieses Users löst schwere Depressionen bei der Thompson Creek Mannschaft aus -  

hier mal was schönes von eifelcash.

Moin together,  

die UBS hat wohl ihr Kursziel angehoben:  

From DowJonesNewsire headline: Thompson Creek Tgt Raised To C$23 From C$20.50: UBS That's all it says on my TD news area unfortunately.

 

na hört sich doch gut an. dazu neues ATH auf SK basis. schick schick.

ich bin ja gespannt was ian den leuten auf seiner tour so schmackhaft gemacht hat. ich hoffe das nicht nur der namesnwechsel der grund für diese tour war, sondern das er noch großes plant mit unser/seiner perle und dafür noch sponsoren sucht die ein oder zwei dollar in TCM investieren wollen.

 

 

 

Übernahmegerüchte gehen weiter:


B. Base Metals - more strikes = higher cash flow = higher stock prices

B.1 Copper
Workers have started or threatened strikes in Chile, the world's largest copper producer, Peru and Mexico. Inventories of the metal in London have dropped 42 percent this year as suppliers failed to meet rising demand from China, the world's biggest consumer of the metal. The price of copper has gained 6.2 percent in the last two weeks amid the labor disputes.
``The strike threats combined with dwindling supplies have got the market worried,'' said Matthew Zeman, a trader at LaSalle Futures Group in Chicago. ``It's a pretty bullish scenario right now.'' The folloowing three companies all are levered to zinc and copper.

B.2 Zinc - Breakwater ( BWR)
Teck Cominco ( TCK.b)
HudBay Mining ( HBM)

China's demand for slab zinc is expected to grow 9.5 per cent this year and about nine per cent next year, said Patricia Mohr, a vice-president of economics with Scotiabank. In 2006, China, the world's biggest consumer of refined zinc, saw its demand jump 11 per cent.
Worldwide, consumption is expected to jump 4.5 per cent this year and then again next year, which is only a slight decrease from the five per cent seen in 2006. "These are very strong growth numbers in terms of demand," said Mohr, noting the growth is fuelled by the demand for galvanized steel in Asia, especially China, where overall industrial production was up 18 per cent year in May year-over-year, and Europe, where it is used in construction.
World demand for zinc is currently greater than supply, but that should balance out next year as more mine production comes on-stream, she said. as to Zinc

B.3 Investor's Digest says this about Teck

Teck has entered a new joint copper venture in Panama.
The Pogo gold mine in Alaska began production in April 2007.
It has a 15% equity stake in the Fort Hills oilsands project - with Petro-Canada and UTS. ... poised for sustained growth even when the cycle of commodity prices levels off. Buy for long term gains.

B.4 Is something happening here ? - Value vs Rumours

Breakwater and Thompson Metals are both rumoured to be on the "next" lists of takeovers in the Canadian mining sector.
Both are attractive on their own fundaments
- a tekeover premium would be icing on the cake.

Peter Hodson of Sprott said on a recent BNN segment:

! ) Thompson Metals trades at 1/3 of the recent China Moly IPO underpriced
2) Breakwater is now " in play" with a value of $5.00 a share.
C. Emerging markets - demand for oil, base metals and all commodities

In three years it is estimated the Indian middle class will GROW by 25 million people - that is the " consuming class " in India alone will grow by nearly the entire population of Canada. Add the growth in China and other emerging markets and calculate their purchases of cars, washing machines , stoves etc. and you can see why The Apprentice Millionaire Program has a focus on resource stocks.
from Bloomberg :
"The jockeying ( for retail store openings) comes as economic growth in India is creating a large middle class. By 2010, there will be 65 million middle- income households, up from about 40 million last year, according to McKinsey & Co. estimates. "

 

Übernahmegerüchte gehen weiter:


B. Base Metals - more strikes = higher cash flow = higher stock prices

B.1 Copper
Workers have started or threatened strikes in Chile, the world's largest copper producer, Peru and Mexico. Inventories of the metal in London have dropped 42 percent this year as suppliers failed to meet rising demand from China, the world's biggest consumer of the metal. The price of copper has gained 6.2 percent in the last two weeks amid the labor disputes.
``The strike threats combined with dwindling supplies have got the market worried,'' said Matthew Zeman, a trader at LaSalle Futures Group in Chicago. ``It's a pretty bullish scenario right now.'' The folloowing three companies all are levered to zinc and copper.

B.2 Zinc - Breakwater ( BWR)
Teck Cominco ( TCK.b)
HudBay Mining ( HBM)

China's demand for slab zinc is expected to grow 9.5 per cent this year and about nine per cent next year, said Patricia Mohr, a vice-president of economics with Scotiabank. In 2006, China, the world's biggest consumer of refined zinc, saw its demand jump 11 per cent.
Worldwide, consumption is expected to jump 4.5 per cent this year and then again next year, which is only a slight decrease from the five per cent seen in 2006. "These are very strong growth numbers in terms of demand," said Mohr, noting the growth is fuelled by the demand for galvanized steel in Asia, especially China, where overall industrial production was up 18 per cent year in May year-over-year, and Europe, where it is used in construction.
World demand for zinc is currently greater than supply, but that should balance out next year as more mine production comes on-stream, she said. as to Zinc

B.3 Investor's Digest says this about Teck

Teck has entered a new joint copper venture in Panama.
The Pogo gold mine in Alaska began production in April 2007.
It has a 15% equity stake in the Fort Hills oilsands project - with Petro-Canada and UTS. ... poised for sustained growth even when the cycle of commodity prices levels off. Buy for long term gains.

B.4 Is something happening here ? - Value vs Rumours

Breakwater and Thompson Metals are both rumoured to be on the "next" lists of takeovers in the Canadian mining sector.
Both are attractive on their own fundaments
- a tekeover premium would be icing on the cake.

Peter Hodson of Sprott said on a recent BNN segment:

! ) Thompson Metals trades at 1/3 of the recent China Moly IPO underpriced
2) Breakwater is now " in play" with a value of $5.00 a share.
C. Emerging markets - demand for oil, base metals and all commodities

In three years it is estimated the Indian middle class will GROW by 25 million people - that is the " consuming class " in India alone will grow by nearly the entire population of Canada. Add the growth in China and other emerging markets and calculate their purchases of cars, washing machines , stoves etc. and you can see why The Apprentice Millionaire Program has a focus on resource stocks.
from Bloomberg :
"The jockeying ( for retail store openings) comes as economic growth in India is creating a large middle class. By 2010, there will be 65 million middle- income households, up from about 40 million last year, according to McKinsey & Co. estimates. "

TCM-Fakten-Thread (Bitte Nur zum Lesen!)
http://www.ariva.de/board/281353
TCM-Charts
http://www.ariva.de/Thompson_Creek_Metals_Charts_t291779
- das Sperren dieses Users löst schwere Depressionen bei der Thompson Creek Mannschaft aus -  

TCM-Fakten-Thread (Bitte Nur zum Lesen!)
http://www.ariva.de/board/281353
TCM-Charts
http://www.ariva.de/Thompson_Creek_Metals_Charts_t291779
- das Sperren dieses Users löst schwere Depressionen bei der Thompson Creek Mannschaft aus -  

doppelt hält besser. ;)  

Mit "der Kaffee ist wohl ein bisschen stark geworden" hat Warf wahrscheinlich den RUM da drinnen gemeint, sehe nach einem Pott schon doppelt. Hört sich trotzdem gut an, so als ob es den Kurs noch weiter nach oben treiben wird. Schön, dann ist Fungi ja bald wieder an Bord. (Kann seine Kohle schon mal rausholen ;-) )

Einen schönen Tag wünsche ich uns allen.  

Bitte nicht zu schnell, sonst ist die Forums-Gaudi hier ja bald zu Ende :-)

Und die Aktie wäre noch viiiieeeelllll zu billig!!!  

ich hätte nix gegen ein erstgebot zur übernahme. denn das dürfte den kurs sehr schnell auf höhe dieses angebotes bringen. üblich sind da +30% das wären 24,66CAD.
ian wird da sicherlich raten dieses angebot abzulehnen. und dann müßte nochmal nachgelegt werden.

zur erinnerung, bei seinem letzten interview erwähnte ian, das er den fairen wert für eine übernahme, so sie denn kommen sollte, zwischen 30-40 CAD sieht. darunter wird er garantiert ablehnen.  

und caddy....wenn ich mich nicht völlig irre,tendierte er sogar mehr
zu 40$ ;-)
*michjetztnochweiterausdemfensterlehne* und das in US$ *autsch*
aber im grunde is mir dat eh wurscht,weil ich glaube das wir auch ohne übernahmegerüchte die 30CAN$ schaffen,vlt.sogar noch dieses jahr ;-)

und erstmal nen hallo in die runde werfen ;-)

mfg
me


 

Klaus ich gehe fest davon aus, dass wir die 30 CAd noch in diesem Jahr schaffen und das auch ohne Übernahmegerüchte.

Denn die Fundamentels sind doch nach wie vor hervorragend. Und obwohl anstehende News sich verspäten hat es TCM trotzdem zu einem neuen ATH geschafft. Bei anderen Werten sieht das oft anders aus (z.B. Forsys).
Und die Befürchtungen, dass Shorties TCM runterdrücken könnten, hat sich ebenfalls nicht bestätigt, obwohl die Zeiten dafür aufgrund des geringen Volumens nie so gut waren wie in den vergangenen Tagen. Stattdessen werden 25% Verlust in gerade mal 5 Tagen wieder reingefahren, wobei das Grillfest noch gar nicht angefangen hat, oder habe ich da was verpasst Strato.

So ich brauch jetzt auch mal einen Kaffee ...
 

weiß ich jetzt gar nich so genau, ob nu USD oder CAD. aber auch egal, denn die gleichen sich eh schon an. ist nur noch ein unterschied von 5 cent.

ob wir die 30CAD dieses jahr schaffen oder nicht ist mir persönlich egal. würde mich aber nicht dagegen wehren. ;)  

wollte mich nur nicht als pusher beschimpfen lassen *gg*....die 30CAN$ sollten drin sein....aber ich als longi seh das nicht so eng ;-)

@caddy....wenn du dich gegen die 30 wehren würdest,dann hättest du dir DEINEN popoklatscher aber auch verdient *gg*
und wer den (5) cent nicht ehrt ist die TCM nicht wert.....oder wie ging das sprichwort noch gleich ???? ;-)

mfg
me


 

über peanuts unterhalte ich mich nich.

*caddyderdengroßkotzraushängenlässt* *grins*

und popoklatschen tu nur ich tun.

schon mal vorab, falls jemand auf dumme gedanken kommen will.

 

 

Wer oder was Bedeutender/s hat denn was von Übernahme in die Welt gesetzt, daß man es ernst nehmen könnte?

MfG,  Strato 

 

gerade eingetrudelt:

Thompson Creek Announces Revised Mine Life of 27 Years at Endako Molybdenum Mine  
TORONTO, ONTARIO--(Marketwire - July 10, 2007) - Thompson Creek Metals Company Inc. (TSX:TCM)(TSX:TCM.WT)(FRANKFURT:A6R), one of the world's largest publicly traded, pure molybdenum producers, today announced an updated estimate of ore reserves and mine life for its producing open-pit Endako Mine near Fraser Lake, British Columbia. The updated reserves and mine life were calculated by the Vancouver office of Wardrop Engineering Inc. to the specifications of National Instrument 43-101 and in accordance with the CIM Standards.

Wardrop estimates that Endako's reserves are 276 million tonnes of ore with an average grade of 0.085% MoS2 (equivalent to 0.051% Mo) containing 310 million pounds of Mo (75% of which are to Thompson Creek's account). These reserves consist of proven reserves of 112,000,000 tonnes at an average grade of 0.088% MoS2 (equivalent to 0.053% Mo) and probable reserves of 164,000,000 tonnes at an average grade of 0.082%MoS2 (equivalent to 0.049%Mo). The estimates are based on a pit design as of April 30, 2007 using an assumed molybdenum price of US$10 per pound and updated costs.

At the current milling rate of 10.22 million tonnes of ore per year, Wardrop estimates Endako's mine life is 27 years, not including stockpile material.

The previous reserve estimates and mine plan extending to 2013 for Endako assumed a long-term molybdenum price of US$3.50 per pound and included 2.5 years of milling low-grade stockpile material.

The Wardrop estimates are based on an optimized model for the Endako deposit combining the existing Endako, East Denak and West Denak pits into one "super pit".

The Endako Mine, which includes a mill and roasting facility and which has produced molybdenum for more than 40 years, is operated as a joint venture with Thompson Creek having a 75% interest and Japan-based Sojitz Corporation having a 25% interest.

"The Wardrop estimates are part of our ongoing reevaluation of resources, reserves and mine life at our mines based on a higher assumed price for molybdenum and incorporating updated costs," said Kevin Loughrey, President and Chief Executive Officer.

"New estimates for reserves and mine life for the Thompson Creek Mine in Idaho using the same price assumption of US$10 per pound will likely be published later this year. Previous reserves estimates at that mine had assumed a molybdenum price of US$5 per pound.

"The assumed price of US$10 per pound for these studies is an estimate of the molybdenum price that would be needed to economically justify the financing and building today of a new, large open-pit mine and mill the approximate size of Endako or Thompson Creek.

"We believe US$10 per pound is a conservative assumption and it certainly is not a long-term price forecast on our part. The price of molybdenum is currently well above US$10 per pound and our current reading of supply and demand fundamentals points to a relatively strong molybdenum price for the foreseeable future," Mr. Loughrey stated.

Wardrop also estimates reserves and mine life at a higher assumed molybdenum price. At US$12.50 per pound, Endako's reserves increase to 402 million tonnes of ore with an average grade of 0.076% MoS2 (equivalent to 0.046% Mo) and contained Mo of 404 million pounds (75% of which are to Thompson Creek's account). At the current milling rate of 10.22 million tonnes of ore per year, Wardrop estimates Endako's mine life, at the higher assumed price of US$12.50 per pound, is 39 years.

"These reserves estimates confirm our confidence in the potential for continued successful mining of molybdenum at Endako for decades to come," Mr. Loughrey said. "This is why we commissioned a separate study to examine the feasibility of increasing production at Endako by increasing the mill processing capacity to 50,000 tonnes per day from the current average 28,000 tonnes per day. This feasibility study will be published later this year once it is completed by consultants.

"We are also currently conducting additional exploration activity on the Endako property outside the current pits, involving both aerial geophysical and soil-sampling geochemical exploration work that may be followed up with diamond drilling," Mr. Loughrey added.

The new reserves and mine life estimates at the Endako Mine were estimated by Anoush Ebrahimi, P.Eng., of Wardrop Engineering Inc., a qualified person as defined in National Instrument 43-101.

Wardrop previously estimated, at a cut-off grade of 0.02% Mo, measured and indicated resources at the Endako Mine of 492 million tonnes with an average grade of 0.043% Mo and contained Mo of 464 million pounds (75% of which are to Thompson Creek's account). Details are published in a news release dated April 16, 2007 and in a technical report available on SEDAR (www.sedar.com). The mineral resource estimates were estimated by Greg Mosher, P.Geo, of Wardrop Engineering Inc., a qualified person as defined in National Instrument 43-101.

In addition to Thompson Creek's focus on reevaluating reserves and mine life and maximizing production at its existing open-pit mines, the Company is developing the Davidson Project, a high-grade underground molybdenum deposit near Smithers, British Columbia. A feasibility study on bringing the deposit into production is currently underway and will be published when a final report is received from consultants.

About Thompson Creek Metals Company Inc.

Thompson Creek Metals Company Inc. (formerly Blue Pearl Mining Ltd.) is one of the largest publicly traded, pure molybdenum producers in the world. The Company owns the Thompson Creek open-pit molybdenum mine and mill in Idaho, a 75% share of the Endako open-pit mine, mill and roasting facility in northern British Columbia, and a metallurgical roasting facility in Langeloth, Pennsylvania. Thompson Creek is also developing the Davidson high-grade underground molybdenum project near Smithers, B.C. The Company has more than 700 employees. Its head office is in Toronto, Ontario. It also has executive offices in Denver, Colorado (including sales and marketing) and Vancouver, British Columbia. More information is available at www.thompsoncreekmetals.com.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the timing and amount of estimated future production. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Thompson Creek and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those factors discussed in the section entitled "Risk Factors" in Thompson Creek's annual information form for the year ended December 31, 2006 which is available on SEDAR at www.sedar.com. Although Thompson Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Thompson Creek disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Thompson Creek undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Shares outstanding: 111,749,158  


 

July 10, 2007  
Thompson Creek Announces Revised Mine Life of 27 Years at Endako Molybdenum Mine  
TORONTO, ONTARIO--(Marketwire - July 10, 2007) - Thompson Creek Metals Company Inc. (TSX:TCM)(TSX:TCM.WT)(FRANKFURT:A6R), one of the world's largest publicly traded, pure molybdenum producers, today announced an updated estimate of ore reserves and mine life for its producing open-pit Endako Mine near Fraser Lake, British Columbia. The updated reserves and mine life were calculated by the Vancouver office of Wardrop Engineering Inc. to the specifications of National Instrument 43-101 and in accordance with the CIM Standards.

Wardrop estimates that Endako's reserves are 276 million tonnes of ore with an average grade of 0.085% MoS2 (equivalent to 0.051% Mo) containing 310 million pounds of Mo (75% of which are to Thompson Creek's account). These reserves consist of proven reserves of 112,000,000 tonnes at an average grade of 0.088% MoS2 (equivalent to 0.053% Mo) and probable reserves of 164,000,000 tonnes at an average grade of 0.082%MoS2 (equivalent to 0.049%Mo). The estimates are based on a pit design as of April 30, 2007 using an assumed molybdenum price of US$10 per pound and updated costs.

At the current milling rate of 10.22 million tonnes of ore per year, Wardrop estimates Endako's mine life is 27 years, not including stockpile material.

The previous reserve estimates and mine plan extending to 2013 for Endako assumed a long-term molybdenum price of US$3.50 per pound and included 2.5 years of milling low-grade stockpile material.

The Wardrop estimates are based on an optimized model for the Endako deposit combining the existing Endako, East Denak and West Denak pits into one "super pit".

The Endako Mine, which includes a mill and roasting facility and which has produced molybdenum for more than 40 years, is operated as a joint venture with Thompson Creek having a 75% interest and Japan-based Sojitz Corporation having a 25% interest.

"The Wardrop estimates are part of our ongoing reevaluation of resources, reserves and mine life at our mines based on a higher assumed price for molybdenum and incorporating updated costs," said Kevin Loughrey, President and Chief Executive Officer.

"New estimates for reserves and mine life for the Thompson Creek Mine in Idaho using the same price assumption of US$10 per pound will likely be published later this year. Previous reserves estimates at that mine had assumed a molybdenum price of US$5 per pound.

"The assumed price of US$10 per pound for these studies is an estimate of the molybdenum price that would be needed to economically justify the financing and building today of a new, large open-pit mine and mill the approximate size of Endako or Thompson Creek.

"We believe US$10 per pound is a conservative assumption and it certainly is not a long-term price forecast on our part. The price of molybdenum is currently well above US$10 per pound and our current reading of supply and demand fundamentals points to a relatively strong molybdenum price for the foreseeable future," Mr. Loughrey stated.

Wardrop also estimates reserves and mine life at a higher assumed molybdenum price. At US$12.50 per pound, Endako's reserves increase to 402 million tonnes of ore with an average grade of 0.076% MoS2 (equivalent to 0.046% Mo) and contained Mo of 404 million pounds (75% of which are to Thompson Creek's account). At the current milling rate of 10.22 million tonnes of ore per year, Wardrop estimates Endako's mine life, at the higher assumed price of US$12.50 per pound, is 39 years.

"These reserves estimates confirm our confidence in the potential for continued successful mining of molybdenum at Endako for decades to come," Mr. Loughrey said. "This is why we commissioned a separate study to examine the feasibility of increasing production at Endako by increasing the mill processing capacity to 50,000 tonnes per day from the current average 28,000 tonnes per day. This feasibility study will be published later this year once it is completed by consultants.

"We are also currently conducting additional exploration activity on the Endako property outside the current pits, involving both aerial geophysical and soil-sampling geochemical exploration work that may be followed up with diamond drilling," Mr. Loughrey added.

The new reserves and mine life estimates at the Endako Mine were estimated by Anoush Ebrahimi, P.Eng., of Wardrop Engineering Inc., a qualified person as defined in National Instrument 43-101.

Wardrop previously estimated, at a cut-off grade of 0.02% Mo, measured and indicated resources at the Endako Mine of 492 million tonnes with an average grade of 0.043% Mo and contained Mo of 464 million pounds (75% of which are to Thompson Creek's account). Details are published in a news release dated April 16, 2007 and in a technical report available on SEDAR (www.sedar.com). The mineral resource estimates were estimated by Greg Mosher, P.Geo, of Wardrop Engineering Inc., a qualified person as defined in National Instrument 43-101.

In addition to Thompson Creek's focus on reevaluating reserves and mine life and maximizing production at its existing open-pit mines, the Company is developing the Davidson Project, a high-grade underground molybdenum deposit near Smithers, British Columbia. A feasibility study on bringing the deposit into production is currently underway and will be published when a final report is received from consultants.

About Thompson Creek Metals Company Inc.

Thompson Creek Metals Company Inc. (formerly Blue Pearl Mining Ltd.) is one of the largest publicly traded, pure molybdenum producers in the world. The Company owns the Thompson Creek open-pit molybdenum mine and mill in Idaho, a 75% share of the Endako open-pit mine, mill and roasting facility in northern British Columbia, and a metallurgical roasting facility in Langeloth, Pennsylvania. Thompson Creek is also developing the Davidson high-grade underground molybdenum project near Smithers, B.C. The Company has more than 700 employees. Its head office is in Toronto, Ontario. It also has executive offices in Denver, Colorado (including sales and marketing) and Vancouver, British Columbia. More information is available at www.thompsoncreekmetals.com.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the timing and amount of estimated future production. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Thompson Creek and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those factors discussed in the section entitled "Risk Factors" in Thompson Creek's annual information form for the year ended December 31, 2006 which is available on SEDAR at www.sedar.com. Although Thompson Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Thompson Creek disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Thompson Creek undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

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besser doppelt als gar nicht ;-)))  

überfliegen des Textes ist das mal gar nicht so schlecht :-) Oder ??

Der Berserker  

reagiert auch schon mal :-)

Der Berserker