Brodeur, MCP Moly Corp, is a US rare eath produceer, does not produce any moly despite its name. They should change the name to clear up this ongoing confusion. Moly Corp name goes back 40 years or so,
I would think TCM / TC would be low down of list on takeover list with moly being $11.60 currently and not much hope for significant higher prices.
Will see what the short position is at end of 2012 for TC / TCM. Short covering to avoid higher USA taxes due to fiscal cliff main factor in rally in December is my hunch.
4 million shares both exchanges today
Metals Week Average:
As of December 31, 2012
Ryan's Notes Average:
As of December 28, 2012
(updated twice weekly)