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 DoubleManon Jul 03, 2009 11:13am

385 Views

Post# 16115109

RE: RE: 1.74 bln chinese private placement

Dilution is not an issue at this point....the fact that TCK has shown such determination to reduce it's debt and move forward.....this latest injection of 17% ownership of "B" class shares or 6% of the company is a huge confidence builder for TCK....

On Monday......I can see the stock skyrocketing as the US investers race to get on board ....I see TCK easily rising back well into the mid 20 dollar range as confidence has now been restored....

Comments welcome...

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