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

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Comment by Privetton Apr 20, 2009 2:40pm

742 Views

Post# 15931387

RE: Tomorrows Opening Gap ?? Gap-up

I'm anticipating that Tck will have paid off between 600 million & 800 million in debt this quarter. Last quarter TCK had 600 million in cash flow and this year they sold off an additional $500 million in assests including $300 million in cash and $200 million in stock. First quarter has had lower metal prices and next quarter is expect to reflect the higher copper and zinc prices. I anticipate TCK to uptick tomorrow to high $9's Or low $10's

Part of TCK's share price is a reflection of the overall market. Part is speculative concern regarding Tck's financial position as of tomorrow which I think won't be too bad in the scheme of things.

There, I stuck my neck out.

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