TSX:TECK.A - Post by User
Comment by
webminingdudeon Jun 30, 2024 4:43pm
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Post# 36112787
RE:Teck has a couple of major issues it can't avoid
RE:Teck has a couple of major issues it can't avoid 2006 was some extra dimensional intervention, becuase Canada allowed bribing mining company, even though it is illegal for a canadian or North american to bribe to get business, into the country with the INCO taKEOVER, that precipitated more of the world big bribing mining companies to take over canadian mining companies, with ill gotten gains.
But most shocking was that TECK which was in the bid to takeover INCO passed then did nothing even though 100's of gold miners, copper miners, were taken over by more of those foreign bribing miners. Wakeup time was with the GLENCORE announcements.
What happened at the time of the INCO takeover, some threats from self serving canadian regulator civil servants whose cousins brining the ill gotten gains to Canada?
There's several copper deals out there to be taken over, easy. Problem is no one wants to pay. Glencore stepped up and paid for the coal, even though the rest of the world is banned from coal mining, go figure that one out.