TSX:TECK.A - Post by User
Post by
Falcon44on Feb 02, 2011 11:02am
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Post# 18061485
Elkview Strike
Elkview Strike TCK shares rising as a result of even less Seaborn Coal being added to the world supply due to this strike. TCK will loose on export volume but will gain on the huge price increase in Met Coal to come next quarter. With Austrailia getting hit again with cyclones, it looks as if the price of coal will remain high in the comming months which will offset any lack of volume to come out of the Elkvalley Strike.