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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Teck
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Jul 08, 2015 01:03PM
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Jul 08, 2015 02:20PM

I own Teck.b and recently posted I have cash in a TFSA waiting for them to bottom. the chart is in a 5 yr. downswing and I expect it to break $11 before I think about adding more.

Yesterday on BNN the guest had, as his third pick, sell short Teck.b claiming they aren't even breaking even at current resource prices.

Last week Larry Berman said, it would have to form a bottoming pattern below $11 before he'd buy.

When things turn and resource prices move higher Teck will be an easy double-triple and, over time, maybe much higher. It would also be easier on the nerves sitting on a major and collecting a dividend than worring about a junior....chunky

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