thompson creek on the hunt...

Interview with Thompson Creek's CEO yesterday states they are looking for acquisitions in South America and Australia.

I am sure they are watching the Hanlong deal closely. They have $500 million in cash and plenty of scope for debt financing (they owe a total of $13 million). The CEO states they may spend more than $1 Billion in acquisitions.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYMdUy4swTeg

I don't care if it's Hanlong or TC. I just want Spinifex Ridge producing.