TSX:TECK.A - Post by User
Comment by
SurfForWealthon Dec 02, 2006 6:32pm
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Post# 11793804
RE: INV & TCK.B
RE: INV & TCK.BYes, this mine in Brazil is important for both INV & TCK.B. I own both stocks. This mine appears to be 2-3 years off and at todays prices for Ni & Co could add $1.2B USD annually to TCK revenue with 90% of that coming from Ni. There is also 28% iron content in the 109M tonnes of ore & Teck said they were looking to add Iron Ore where supply is tight. That amount is 22% of today's annual revenue using ttm which makes this significant. Cheers!!!