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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Comment by Straiteon Jan 31, 2019 6:16pm

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Post# 29304107

RE:RE:RE:RE:RE:RE:TECK

You should read financial reports and put that in context. Currently, more than 50% of the company's earnings come from coking coal. (Coal used for steel productions). Consequently, you might have a bull view on cooper yet the stock could go down if coking coal prices decline. You would be better served investing in several (for diversification) cooper-centric companies that generate more than 50% of revenues from cooper if your bull theory is for cooper. For example, Lundin mining has over 60% of revenues coming from cooper whereas turquoise hill is a primary cooper mine project in Mongolia (turquoise would be qualified as higher risk, higher potential return). Lundin is likely to make an acquisition soon as it has substantial cash and relatively low debt.

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