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Bullboard - Stock Discussion Forum 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... see more

TSX:TECK.A - Post Discussion

Teck Resources Ord Shs Class A > Management change
View:
Post by Viking77 on Oct 30, 2023 9:30am

Management change

Not a good indication, so fast after quarterly earnings release. Ususally means a difference of opinion or scapegoat for recent mgmt missteps. I believe the CEO is the main issue. Looking for a COO now during a potential strategic asset sale not ideal given the experience of the previous COO. Price needs to start delivering or his time is short. Still believe that the company holds significant undervalued assets but management needs to demonstrate strong leadership now.
Comment by 4CommonSense on Oct 30, 2023 12:08pm
appears even the rats see the writing on the wall - unfortunately wrong rat abandoned the sinking ship  --probably the only the first in the trek over the side  ... the 'mastermind' behind this fiasco has really got it wrong and is paying for it  --- a bit "too clever"   once again 
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