Teck Resources Ord Shs Class A T.TECK.A

RE: RE: Massive Risk Is UNDERVALUED By The Market.

[cartach13]

 Sorry, I don't think there's any way that the 'big boys' wouldn't know about this when little old me read about it coming up in a couple of news pieces a week and a half ,or two weeks ago. Anticipating a drop in SP  if things didn't go TECK's way on the 17th when the time for the appeal was up, I was seriously thinking of getting out for the short term to see what would happen. As the SP stayed more or less steady or at least did not drop as the 17th approached,I decided to stay in. I really thought however that I was taking a risk because closure of RED DOG  if expansion was denied would be a significant event in my opinion. In fact I posted a question a few days back hoping to get some feedback and discussion about it, to no avail. I was pleasantly surprised that there hasn't been a pullback so far and further surprised to read today that S & P is putting TECK on a Cedit Watch  'with positive implications'  with the possibility of TECK  moving up to  'investment grade'  because of their progress in debt reduction,earnings, high price of metals,sale of assets etc., etc.  In that report  [and I can't remember where it was from]  RED DOG was mentioned as one of TECK's main assets but only in that context. No mention was made of possible closure although they would have to know about it.  I would think therefore that the 'big boys' are writing the possibility of closure off, otherwise it would be gettting more negative attention than it has.  They have to know about it and maybe they know something we don't.