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Teck Resources Ord Shs Class A T.TECK.A

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

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

Post by 4CommonSenseon Nov 12, 2024 12:06pm
68 Views
Post# 36308434

The Sinking ship and the the Greater Fool theory

The Sinking ship and the the Greater Fool theory

greater fool theory  - a "lesser fool" will pay for an overpriced stock hoping to sell it to an even "greater fool". This works as long as there are new "greater fools" willing to pay a higher price" hoping to become the 'lesser fools'. Obviously lots of lesser and greater fools out re: this sinking ship. 

What's holding the stock price up? re: significnat and permanent drop in earnings, a lack of a plan for the future or the financial resources or wherewithall to do anything significant!  Who is paying these so called 'analysits'? They must be expecting a white knight to come to the rescue  (which is the only out)    

Old men need to know when to step aside 

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