TSX:TECK.A - Post by User
Comment by
JohnDDon Apr 16, 2007 3:22pm
209 Views
Post# 12617391
RE: when will it go up?
RE: when will it go up?Although the company is the world's largest zinc produced, the largest contribution to their operating profit in 2006 came from copper - and copper is trading at over $3.50/lb last time I checked. Plus they have Moly and lead and both are trading at highs. The only commodity that is not breaking records is coal - which represents only about a 12% of their operating profit in 2006.
I'm a big believer in this stock long term. It is very well managed. In 3-5 years I think it will be well over double what it is today.
John