TSX:TECK.A - Post by User
Post by
bendmeoveron Jun 10, 2010 12:34pm
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Post# 17177237
westshore terminals
westshore terminalsthey cannot load and ship the coking coal fast enough according to a source i know around the waters off the west coast ...i notice their stock price (westshores) hasnt dropped at all since the highs of april ...... probably because it is a trust but it is also a testament to the fact its a full capacity
46.00 was probably a little over heated for teck but 38.00 to 40.00 should be about right ...once the div is around 3 to 4% again it should stop some of the volatility ..... could see high 40s again in early 2011 ..even if china drops to 3 to 5% growth
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