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Teck Resources Ord Shs Class A T.TECK.A

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

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

Comment by b42on Mar 29, 2011 1:34pm
278 Views
Post# 18356203

RE: Any ideas...YES,,,

RE: Any ideas...YES,,,TCK is treated as a copper stock. Nobody plays it for the coal. Proof== Compare 2-month charts (all NYSE; all copper,) TCK-COPX-SCCO and JJC.  Recent highs; lows; and trends are all the same. This is NOT a TCK problem. The problem is a perception that the copper demand might be over (for now)  based on China's huge cutbacks of a month or two ago.  I just keep selling calls short every month whenever the stock pops back up then cover them at lower prices when the stock drops back down (like recently.) One day i'm sure i'll have to chase it to get back in if i'm ever called out that's why i'm only doing one nearest  month at a time.
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