Orcinus, I saw a report on Teck in the early afternoon. They mentioned Teck was up 4% earlier in the day but had tapered to a 2% gain at the time they were on air.

The analyst reiterated that Teck has been successful in lowering production costs of coal and copper, and mentioned that it's critical for Teck to accomplish that because coal prices have fallen substantially. Even though Teck is adding copper, it is still largely a coal company.

He also said major capital expenditures are expected for the company.

Finally, the analyst pointed out that Teck has $2 billion in the bank (if I remember correctly) but has $5 billion in long-term debt. They brought up a chart showing Teck's debt to EBITDA ratio and it has been steadily climbing over the past few years. It's not as bad as 2008 when the company was on really shaky ground due to a large debt load, but it something to keep an eye on.