Teck Q4 earnings and CUU

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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Spitfire191

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Teck Q4 earnings and CUU

posted on Feb 15, 2017 10:46PM

Hey, been a busy day and trying to catch up but was negatively surprised to see my Teck shares down 11% when I had anticipated a jump with the profits beating expectations.

I have only read a bit at this point but see the future for Met Coal seems to be less than hoped for which will hurt their bottom line in the coming quarters.

I also have heard rumblings that Teck is investing a bunch to bring a copper mine in S America online...Im guessing QB2? Was this in the conference call?

I cant imagine any of this info above helps our cause at all eh? Thoughts from the board?