Teck-Antofagasta Merger Rumor False Turns out Teck isn't merging with Antofagasta - but I'm willing to bet the rumor came out of somewhere, I'd bet that there is a talk that must be happening between Teck or Antofagasta and another company...who knows, at these discounted prices TKO may be the one being courted.
When you look at it - TKO just spent an a ton of money on infrastructure and mining equipment that should hold the mine over for the next 7 years and we are trading at a 52 week low. Seems like a no-brainer for a bigger company to come in and scoop us up.
GTLA