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.

TSX:TECK.A - Post by User

Teck Resources Ord Shs Class A

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Post by dstooron Dec 14, 2012 9:58pm

430 Views

Post# 20733880

Short selling

I have never done short selling before. Just wanted to confirm the following:

If a company is paying a special dividend ($5, aboout 40%), lets say pay date for the stock is 19 December, would it be a safe/good bet to short the stock on 18 and make a decent profit (about $5 per stock) by getting out of it on the 19? If this is the case, sounds to good to be true..

Any suggestions on the stuff and something that I should look for?

Thanks

Dtoor

This is the company:

https://www.google.ca/finance?q=TSE%3AHRX&ei=BOfLUKCNBpCziALOnwE

Sorry this post is not related to Teck

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