RE: RE: who knowsDUDE, DUDE !!!!!! do the math!. to use your analogy, its not like asking the mortgagee to pay out the mortgage, its like the bank loaning you the money, then you go out and buy the house for double or triple what its worth, then the bank is sitting there saying WTF.... over? "How about you pay down your mortgage, to what your property is worth", or in tecks case, pay down 300% of the market cap.
You're so stuck on everyone here that has a negative outlook on teck is trying to manipulate the stock with short action or that they are short themselves. FYI at this moment I have no short position, and no long position. I have played this stock for over a decade, made and lost plenty of bucks, and I worked for the company in middle management for 5 years in copper and coal, and I like many others Im sure are just here to offer perspective, and not to play any games. You need to get a grasp on reality seanj, there's a good possibility the outlook on this stock, is negative - period.
dont bs on here. the 6 BLN is due in a year, but actually 6 more months. the installments of 400 million are due every year starting in a months. and at this point there are no lenders jumping out saying, sure well refinance that loan, they couldnt secure it at todays market prices.
There is the possibility that they wont be able to pay the loan or installments. its real. at this point it looks like only a 1 in 10 chance, but if copper goes south, the dollar goes up, or coal volumes drop, then its more and more of a reality. get off this board with your nonsense, please, you obviously dont know a thing about mining.