Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TCKRF | TECK | T.TECK.B

Metals & Mining Copper

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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Comment by CmoneyBmoneyon Sep 08, 2017 9:56am

282 Views

Post# 26671077

RE:RE:Upgraded yes, but why is stock price declining???

Copper is down almost 8 cents this morning (significant drop) But copper had gone up to quick too fast. It will consolidate and continue to move higher.
People also took the CIC sale as an opportunity to short the stock. The technicals broke so the shorts pounced on it. Fundamentally nothing has changed. Seasonally the strongest time for TECK. I'll be holding till 2018 or until something fundamentally changes.

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