Stockchase Opinions

Hap (Robert) Sneddon FCSI Fording Canadian Coal Trust (Inc Trust) FDG.UN-T PAST TOP PICK Aug 12, 2008

(A Top Pick Oct 9/07. Up 135%.) Being acquired by Teck Cominco (TCK.B-T).
$89.250

Stock price when the opinion was issued

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PAST TOP PICK
(A Top Pick Mar 26/08. Up 46%.) Being acquired by Teck Cominco (TCK.B-T).
COMMENT
Being acquired by Teck Cominco (TCK.B-T). Arbitrage companies were forced to sell. There is a financing gap and Merrill Lynch (MER-N) is part of that, so the market is concerned. The deal could fall apart.
BUY
It has an interesting spread.
HOLD
Tender this to teck and look at teck as a good long-term investment.
HOLD
Don’t buy it here. The stock is telling you the deal will get done.
COMMENT
Being acquired by Teck Cominco (TCK.B-T). If you are holding this in a taxable account, there are some very negative consequences. In an RRSP or RIF you can avoid the tax consequences. He sold the majority of his holdings into the market prior to the transaction.
PAST TOP PICK
(A Top Pick March 26/08. Up 93%.) One of the few buyouts that went through.
PAST TOP PICK
(A Top Pick March 26/08. Up 93.3%.) Acquired by Teck Cominco (TCK.B-T)
PAST TOP PICK
(A Top Pick March 26/08. Up 93.3%.) Acquired by Teck Cominco (TCK.B-T).
PAST TOP PICK
(A Top Pick May 22/08. Up 38.12%.) Acquired by Teck Resources (TCK.B-T).