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 Apr 07, 2009 5:47pm

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Post# 15903263

Weekly Price Action

Don't expect TCK to drop down to Sub $6.00 levels again. TCK is selling off assets as we speak to shore up it's balance sheets so they can issue an equity offering next month.They will need to raise a substancial amount of cash to pay down their debt due in Oct.Expect the stock to be supported around the $7.00 level, I'm pretty sure they wan't it in a good position so when were done with earnings season,TCK will have some confidence in it's share price, to take it on the next leg up. Good Luck!

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