Teck Resources Ord Shs Class A T.TECK.A

Better days ahead.

[rpat458]

After reading the 2 past quarter earnings report, it’s clear that they need commodity pricing to increase across the board and the economy to ramp up demand.  I believe that the economy is improving with automotive and large construction equipment demand increasing.   Q3 and Q4 will show better EPS in my opinion.  These price levels are pretty safe in my opinion. We could see 1 or 2 dollars above here by year end. GLTA

[j1nxed]

I hope I don't come of as rude but the cases is not near term commodity prices, it is based on investment cycles. Teck is currently on the peak of one of these cycles, we have Neptune upgrade, shift in expensive met coal to cheaper (done) and expansion of qb2. Once these items are done the drain on cash flow will pretty much evaporate and sustaining capital will be the biggest item. If you

[rpat458]

J1nxed,  your comments are fair and make sense. I do believe that 2021 will be a better year for Teck on all fronts. I’ve started accumulating and have no concerns about adding on the way up.

[longtermholder6]

It is a great opportunity but most people will miss it because they can't see beyond next week.  Full disclosure... I have a huge position and am still adding.

[Abruzz0]

The only component of the Teck equation that bothers me tremendously is the coal component. I feel that the sooner we get rid of this, the better.

[j1nxed]

I don't think they will get rid of it (they are the second largest seaborne exporter). From a cash flow perspective they have low cost and high quality and it is also what has helped teck expand QB2. If you are worried about the coal (met coal, not steam coal) then i suggest you look into a more base metal focused player ... but you will not find it to be cheaper (on a fundamental basis) than

[lifeisgood1010]

Good morning J1nxed, Nice to see All copper futures contracts above $3 and even zinc is on a slow upward move to $1.12 Have a nice day