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Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TECK | TCKRF | T.TECK.B

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company’s operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teck’s existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.


TSX:TECK.A - Post by User

Post by ellgaron Jun 23, 2011 2:26pm
354 Views
Post# 18757063

short flush

short flushLooks like the shorts are getting out even with the POC  and all commods down today.
Jumped back in at  at the start after selling above $45 the other day, hindsight I should have bought more this morning as the SP sat at $43.50 for most of the AM 
Do you think the company was buying back today?

I'm sure if that news of the buyback did not come out TCK.b would be testing $40. today IMO.
the company must see the shorts as a threat and with the economy looking to fall back this was a good play for shareholders.

Now we just have to worry over the eurozone and Greece next week, the USD climbing and commodities falling...Will China be the only one to float this play?
GLTA!
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