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Teck Resources Ltd. (B) Stock Symbol: TCK.B-T

Notes:zinc

Last Price Recorded: $12.0700 on 2015-07-05

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Date Signal Expert Opinion Price
2015-07-02 DON'T BUY David Baskin

He owned it when the Chinese were major buyers of coal for steel production.  TCK.B-T is a price taker.  They can’t do much about the prices of what they sell.  They are low now and they can’t do very much about it.  He sees weakness in China.  He is staying away from all the metals and minerals.


Price:
$12.050
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2015-06-22 WATCH Larry Berman CFA, CMT, CTA

It is in a long term downtrend.  It just makes lower lows and lower highs.  We are back at the lows again and the question is whether it will hold and we build a base.  Buying in here with a stop below the previous low will get you out if it is still going to keep making lower lows.  The $20 area is a strong resistance.  The stock has not bottomed yet.  He does know if the copper and steel space is going to get strong for a few years.


Price:
$13.340
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-22 HOLD Peter Brieger

His clients’ cost base is high.  He probably should have sold, but did not.  He is keen on copper because of the North American recovery.  He is also keen on zinc.  Met Coal has gone down.  The hope is that eventually China will start using more coal, but they may not because of reasons of pollution.  If you see a better alternative in the metals field, you may want to take a tax loss.  But hold for now.


Price:
$13.340
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 DON'T BUY Teal Linde

They have to take production off in the coal market. 


Price:
$13.730
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-10 COMMENT Dennis Da Silva

The most notable news on this was the recent cut back. They are shutting down their coking coal production, a 6% reduction for the year. This is recognition of the fundamental weakness in coking coal prices. It is still a copper, coking coal producer. Copper still looks pretty decent at $2.75 which could be closer to $3 into 2016. Probably a good buy in the mid-$13 range, might bounce back up to the $16 range.


Price:
$14.500
Subject:
CANADIAN RESOURCE
Bias:
BEAR
Owned:
No
2015-06-05 DON'T BUY Keith Richards

This is an ugly duckling. It has been an ugly story for a long time. Commodities are in a bear market that should last for another 5 years. He doesn’t see any hope for this particular stock.


Price:
$14.460
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
2015-05-26 COMMENT Norman Levine

This is the only mining stock that he owns. This is more in metallurgical coal, zinc and copper. Most of its mines are in friendly environments. It prudently cut its dividend recently, rather than borrowing. It will come back when profitability comes back.


Price:
$14.740
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-05-14 COMMENT Jim Huang

In the near term this is clearly facing some serious challenges. Their big main product is coking coal for the manufacturing of steel, with China being the big customer. China is going through a transition slowdown, so the price is not very good right now. It will take a little while. They cut their dividend but he thinks they will be okay for now. If you can hold onto it for a couple of years, this company will be around and will make a lot of money when the cycle turns for them.


Price:
$16.740
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2015-05-13 COMMENT Richard Croft

[Caller did this trade: Sell Jan/17 $11.00 Put for $1.50, Buy $20 call for same expiry date].  He has created a synthetic position on TCK with a low price.  His downside is 0 and upside is infinite.  It is a good trade if you like TCK.B-T. 


Price:
$16.870
Subject:
OPTIONS & ETFs
Bias:
BULLISH on US ECONOMY
Owned:
Unknown
2015-04-27 COMMENT Peter Brieger

The major problem here is the coal business. The price of met coal is down $50 a ton from where it used to be, and doesn’t appear to be going anywhere fast. As long as that condition prevails, he doesn’t see the company going anywhere. Zinc is in short supply and that is a great positive. If he is right on the economy, copper will do better, and he believes this company has indicated they would like to make an acquisition.


Price:
$17.710
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-04-21 DON'T BUY David Burrows

He looks for sectors where there have been some macro shifts that can lead to multiple expansion going forward. In the commodity sector, it looks as though 2012 marked a cycle peak for commodities. We are into a period where money is leaving commodities in favour of investing in equities and consumer led economies. Expecting relative underperformance for commodities going forward.


Price:
$15.830
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2015-04-14 DON'T BUY Don Vialoux

Historically this does very well from October to probably through April of each year. However, this year the stock is not doing what it normally should do on a seasonal basis. It has actually established a short downward trend. Trading below its 20 day moving average and underperforming the TSE Composite. There are better opportunities elsewhere, within the base metal sector.


Price:
$16.840
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2015-03-27 PAST TOP PICK Darren Sissons

(A Top Pick March 6/14. Down 27.01%.) Sold his position. It is a good company and there will be a time to add it back. Selling it here was a good way to use capital elsewhere.


Price:
$17.470
Subject:
GLOBAL LARGE
Bias:
UNKNOWN
Owned:
No
2015-03-24 COMMENT Michael Smedley

They are capable of buying something but he had not heard speculation of taking out HBM-T. It would mean it was going to step up in base metals.  One of the most covered Canadian stocks throughout the world.


Price:
$19.340
Subject:
CANADIAN
Bias:
BULLISH on HEALTH CARE
Owned:
Unknown
2015-03-20 HOLD Norman Levine

The only mining company he owns for his clients.  The stock is under pressure because met. coal has been under pressure.  The dividend is covered okay right now but could get cut in the future.


Price:
$18.880
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on EUROPE
Owned:
Yes
Showing 1 to 15 of 1,223 entries
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