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[Ferro-Alloys.com] Thompson Creek Metals (TC +4.9%) spikes higher today, flying in the face of JPMorgan, who cut the shares from Overweight to Neutral and removed its $5 price target. The firm cites lower metal price assumptions for copper, gold and molybdenum for the downgrade. It notes that it still expects the miner's Mt. Milligan project to drive significant earnings growth starting later this year, but regardless, earnings should hover around breakeven for the rest of 2013 and most of 2014 given lower moly and gold price forecasts.