Teck Resources Ord Shs Class A T.TECK.A

RE:RE:RE:coking coal starts to falter recently

[dalerules88]

we haven't rebounded as much as major oils or integrated oil co's, because we haven't gone down as much in the last month; SU went from 41 to 14 (66% decline) (, CNQ from 41 to 10 (76% delcine), while Teck from say 17 to 9 (53% decline); IMO that's precisely because Teck is better fundamentally, so as result, the rebound is going to be less; the oilco's are a gamble at today's prices, although I'm sure long term SU and CNQ will be fine, just not sure if I'd pay today's price .. Teck, on the other hand, has less volume, is more predictable, because it trades largely in synch with zinc and copper, so it's less reactive to market moves, IMO

check out long-term zinc and copper charts, and if you can guess where those two will be six months or two years or whatever time horizon out, that's likely where Teck will be; since base metals are less volatile than oil, so is Teck price, on a medium-term basis