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 BigNickon Jul 20, 2009 5:47pm

530 Views

Post# 16152024

RE: RE: RE: RE: RE: Is there a Q2 earnings leak ?

I would say its only "brave" to short before earnings if you dont have a clue what they will be. I can say the real earnings will be in a range of about 25-35 cents, shrinking to a level that will be less than a buck for the year,
even with these relatively high metal prices. the paper earnings may be bolstered by how they want to account for one time items like asset sales, and also the 275 coal sales.

I think the best it could possibly be would be 50 cents this release.

this stock at 25-30 is would be tracking a PE of about 15-20, but quite easily 30-40 for a fwd PE on next Qs earnings estimates?

what earnings result could possibly cause any upside / short squeeze risk here????

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