At the time they declared the div. I thought it was a stupid, short sighted move. maybe EE wanted the 6 million he got, and it really is his show.

it's depressing to think, but golf is right, it could take several years for a decision. no one is going to rush Teck, and if lindsay has decided the resource market will peak later than 2020 he will adjust accordingly. Golf is also right re. the return. 300 %+ per year if it happens that way is, IMO baked in.

Just so I can cheer from both sides of the fence, I took a 50% position in Teck this morning at 17.01 and locked in a .45 dividend payable on Jan. 2nd for a net cost of 16.56. now I really don't care if it goes up or down, I'll buy the other half when it looks right, possibly when it goes XD on the 11th.

really wish I had put more into seniors back in 1011, but that's coulda shoulda stuff.

great discussion this morning.....chunky