stockchase picture

Compiling comments that experts make about stocks while on public TV.

2012-11-01

Opinion for Teck Resources Ltd. (B) (TCK.B-T)

Signal Price Bias Subject Owned
$33.580 BULLISH on US ECONOMY NORTH AMERICAN - LARGE Yes

Coal market and iron ore market have turned. Prices are run down. Cost of production has come down. Now you are seeing a build up the other way. Copper looks good. It's a recovery play. He has been buying recently. Global consolidation of the resource sector at this point and that wont hurt them.

John Zechner
Chairman, J. Zechner & Assoc

1 Comment

Sue

November 2nd 2012 at 12:48pm

I think there will be a pull back on this one, or at least some volatility in the coming months. I may take advantage of a low if happens. My range would be $28-$29.

Disclosure: I do not own this stock (yet). I am a long term investor.


You must be logged in to comment.