There will always be shareholder critism over management decisions impacting market cap.
but in my humble opinion
Diversification of operations with the Terrane aquisition
Reduction of operating costs through Endako upgrade
Labor reduction at Thompson Creek
Mitigation of risk through joint ventures
These were the right choices to preserve value and organically grow the company for years to come.
Since your on the topic of speculation
Mt Milligan is definitely on the mining industries radar.
Perhaps after the mine reaches full production and a few more multi million oz's are proven up, a major
steps up to the plate and buys TCM and Mr. Lougrey follows through with his retirement, smiling all the way to the bank along with the rest of the shareholders. Project complete On Time and On Budget !!!!
Enjoy the Ride !!!