TSX:TECK.A - Post by User
Post by
miner8740on Oct 10, 2014 8:43pm
286 Views
Post# 23020865
China New Tax on Met Import Coal
China New Tax on Met Import Coal
this will take effect next week
TCK may be marginal on such new taxes for such market
to conserve cash TCK mat have to shut down some coal mine in BC , just like WLT
We may see 17 on Mon with the Europe downgrades and maybe 15 .80 by end of next week, I hope not but the world economics is slowing down and there is no more money printing and rates will go back and chew away the profit margin due to the high interest payments on debt