Teck Resources Ord Shs Class A T.TECK.A

RE:coking coal starts to falter recently

[dalerules88]

coke prices are down about 1-2%, depending on grade, and still ranging from $128-150/T;
with Teck last quarter hard cost $65, prices would still have to go a long way down before Teck stops wringing positive cash flow out of it. And since Teck is one of the most efficient producers, others would get into trouble long before Teck does. If only one or two major producers were left standing in some sort of an apocalyptic breakdown, Teck would still be one of the two standing, I bet.