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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 wmon Feb 16, 2017 2:16pm
316 Views
Post# 25856689

The correct interpretation

The correct interpretationOMG. I guess we are not an expert and I believe that we won't be able to read between the lines. Correct me if I am wrong. I think the actual news release should read like this. TECK loss for this quarter is at at 700 million in the red and last quarter their debt increase by 1 billion. MET coal for this quarter is at $10 a ton, Zinc is at century low and copper drop to 50 cents a pound. TECK going concern is questionable. All insiders unload their shares. The so called experts are those money managers doing all the selling because the money doesn't belongs to them. WHO Cares? For us , the regular investors, just suck it up . Just my 2 cents.
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