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Teck Resources Ord Shs Class A T.TECK.A

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

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

Post by ellgaron Jul 28, 2011 5:45pm
302 Views
Post# 18885131

The big gamble...

The big gamble...With the recent sell off in the markets TCK didn't have a chance to rise into earnings with the POC at $4.47 I would have thought to see above $48 to the close ... well after averaging down I was going to sell some at $48 for break even but now holding larger position into the news.
With the dept ceiling vote tonight and deadline next week if there is no deal will TCK hold or rise with a good forward looking report?
 If a weaker than expected report from TCK and no agreement in the USA will we be throwing more $$ to average down again.
  What a crap shoot...I hope the company still has lots of $$ left for the buyback if things go south...that could save us from a world of pain .. LOL!

Lets hope for an dept agreement and great TCK report before the weekend and it off to the races!
GLTA!
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