TSX:TECK.A - Post by User
Post by
tankingfrankon Oct 14, 2008 8:57pm
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Post# 15525740
dumb move
dumb moveThis fording deal is just a bad move. selling the stock they own so that they can leverage the balance sheet- and really overpaying for fording... If this deal was not in the works fording units would be in the 40's. Just dont think that it is in the shareholders interest to overpay. Fort Hills is not going to happened for awhile and metals prices will probably also go down(at least for a while)..