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

Bullboard Posts

Post by VOKBLVRon Dec 18, 2016 11:22pm

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Post# 25617753

Teck's 4th quarter

Zinc Price up 20% with flat costs.
Coal price up$120 per ton (US) Approx $150 CDN = 250% (US 200/ton vs $80.00 in third quarter of 2016)
Copper Pice up approx 10%

How can profit for the quarter be up the amount suggested by the Daily Quint?
Even if you say that the quoted number is for the year 2016- it makes no sense as in 2015 Teck took an over two billion write down on asset value of which 700 million was charged agaist the 4th quarter of 2015.

I would expect some sort of retraction or clarification of the reported numbers.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?