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.

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Teck Resources Ord Shs Class A

Bullboard Posts

Comment by courtney10on Jul 28, 2010 9:58am

494 Views

Post# 17302777

RE: RE: RE: RE: RE: Great results on first glance

EBITDA was over $800 million for the quarter, very good number. I also look at the change in shareholder's equity from Dec 31/09 to June 30/10- equity increased by over $1billion, not bad at all, considering that the world is ending.(ha ha )

Just a reminder, interest expense now is over $600 million/yr- this will come down as the notes come due for repayment or conversion to lower rates. In a couple of years, the annual svgs will be over $300 million

Net debt is down to 4.9 billion, significant decrease from the beginning of the year.

By this time next yr, net debt will be less than $2.5 billion- assuming commodity prices don't drop from the sky.

This company is a cash cow.

IMHO

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?