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 riddle5on Jul 27, 2017 1:03pm

225 Views

Post# 26517181

Anyone else see this as profit taking?

Although, I do not know why anyone would take money off the table when the potential for another run-up is greater than, a drop off, it seems the this is heading back to low 26's on a controlled devaluation of the share price.

These guys, keep putting up massive FCF (with another stream coming on in the next quarter) and the debt is getting lower and yet, we are still below industry norm for share price valuation.

I just don't get it. Someone please educate me on why this is below $30 again?

GLTA.

Cheers

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