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.

TSX:TECK.A - Post by User

Teck Resources Ord Shs Class A

Bullboard Posts

Post by Falcon44on Mar 05, 2009 12:06pm

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Post# 15822932

Share Value

To those of you who are buying at this level, in hope of making a fortune when TCK sells off it's core assets, better strap youselves in for a major ride. The reason TCK is trading where it's at now is because their core assets are worth peanuts and are not worth selling at these levels. The longer this meltdown continues, the more possibility of a loan default persists. TCK has only one play here, and that is to try and get a loan extension on it's bridge loan. The market is telling you what the outcome will be.Don't fight it. I'm just trading this stock along with others, I would not be holding it as an investment.Cheers

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