The stock is up 6.73% at $15.71.
From Street Insider:
Shares of Thompson Creek Metals (NYSE: TC) are surging higher on unsubstantiated takeover rumors reported at financial websites Briefing.com and theflyonthewall.com and the hype surrounding rare earth stocks.
Companyspokesperson, Pamela Solly, said she has seen the rumors but told StreetInsider.com, "we don't comment on market rumors."
Solly also explained that the
stockhas been incorrectly caught up in the rare earth hype. "We are not in the rare earth business," Solly said. The company has two molybdenum mines, and is constructing a cooper/gold mine....MORE