TSX:TECK.A - Post by User
Post by
courtney10on Jul 21, 2010 12:12pm
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Post# 17285051
2nd Q results
2nd Q resultsShould be stellar, with coal at $195/tonne- and copper over $3.00/pd, zinc price at around .90 look at Freeport today, the stock was up 6%, TCK stands to make over $650 million operating cash just from the coal operations alone, will do over $1 billion in operating cash this Q
- and with coal at $225/tonne, for july Q and copper still at $3.00 and zinc at 80cents, this company is a cash cow
- will have a couple of billion in cash by end of this year