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

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Post by VOKBLVRon Dec 04, 2018 10:16am

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Post# 29060397

QB2 Conference call.

If you go to the Teck site you can hear the conference call along with the power point slides. Teck has $1.7 billion in cash as of November 30, 2018, has extended the term on the avalable credit facility and increased the facility from $3 billion to $4 billion. They are only required to spend $683 million in late 2020 on QB2 and are not required to pay down any of their debt until 2023 ($117 million). When QB3 is complete then copper wil be as big as coal in the Teck portfolio. This mine and this transaction will move Teck into investment grade and change the face of Teck. Hang on tight as the market recognizes the value in this company and their management.

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