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Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TCKRF | TECK | T.TECK.B

Metals & Mining Copper
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
Bullboard Posts
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(4)
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Comment by ellgaron May 17, 2010 10:40pm
413 Views
Post# 17107888

RE: RE: RE: RE: RE: Below 10

RE: RE: RE: RE: RE: Below 10I'm pissed I didn't put stops on this one at $38 as I was more focused on $50 than $30
Now I'm worried about seing low $20's.

We all watched this stock fall from $52 to $3.50 less than 2 years ago now all the talk that the market will retest the lows from the past will make those who bought at $20 feel like they should secure profits before the big fallout, as the stock falls below $30 (if it does) all who bought below $20 will start to bail.    IMHO

Scares the crap out of me as I sit on my hands waiting for a lift back to high $30 to bail but worried if we'll even get there as China and Euro look bearish and the copper & coal market keeps dropping. 

 The spin docs should come out soon to turn us around, actually thinking of doubling down at $30 in a hope to sell out at a mid $30 lift.......?

Any thoughts?

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