TSX:TECK.A - Post by User
Post by
bendmeoveron Feb 06, 2009 1:24pm
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Post# 15758794
ever think about the Chinese
ever think about the Chinese its a communist country where all the big mining companies are owned by the government .....do you ever think at a time of huge expansion when they are using 40% of the worlds commodities that they basically said lets shut off the tap for a while ....we are not paying $4 a pound for copper...... a $1 pound for zinc and $300 a ton for coke and so on ......
it has been said that they have done it in the past ...now they can go out and buy companies at low prices and restock commodities at low prices ...... they are scrupulous business people ...just a thought ...I heard an analyst talking about it on bloomberg