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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 news- copper
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Jul 21, 2022 11:29AM

So Teck is trading around $33.50 per share this morning, way down from $57 on June 7. The one-year low close was around $25.25 last August. 

How low do you figure Teck shares might go and how long do you expect it will take to get there? We've all proven that our crystal balls are as accurate as a compass without a needle, but I'm curious how much more of a bargain Teck might be become and interested in people's (inaccurate) opinions. There's long-term value there, just a question of how long until metals prices move upwards again.

Personally, I figure we see sub-$30 Teck shares by fall. If so, I may invest in some and hold. 

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