Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TCKRF | TECK | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

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Teck Resources Ord Shs Class A

Bullboard Posts

Comment by tankingfrankon Nov 01, 2008 2:51pm

590 Views

Post# 15560475

RE: RE: budget cuts

bottom line it that teck has way overpaid for the fording assets. and taken on huge amounts of debt to do it. Fording is a great, with great assets. But the units would be trading in the 30-40 range right now because steel production has dropped substanially in the east, you just have to look at every coal stock on the market .. they are down 60-80% from the highs. The shipping index is down 90%. It looks like the resource cycle is dead for the moment, I still believe it will be back in a year or two, but in a bear market you will be surprized how low stocks go.. Way to much debt for me. 9 billion or so and the market cap is 4.5billion.

Bullboard Posts

REITS over single property investments