Teck Resources Ltd. (B) (TECK.B.TO)

Concerned about China so he sold his holdings. All his research tells them that they have so much coal sitting in ports waiting to be unloaded. Feels the dividend is safe. Balance sheet is good. Management is top quality.

If you are doing tax planning and wanted to lock in some losses right now, why not do it. Doesn't think we will see the basic materials stocks run significantly in the 4th quarter. You can always buy it back after waiting through the hold period.

Likes this under $30. Very solid company. He still believes the commodity sector has some potential. Positive on what is happening in China. Economics in the US are improving, particularly in the housing which will help copper.

There is going to be a time when these commodity plays are going to be great buys. Chart indicates that right now we are in the middle of support and resistance. Have some trouble with the coal issue right now. Great Canadian company. Feels it is perhaps a bit too early at this time but doesn’t see anything wrong with taking half a position.

Good, solid, quality company. Coal and copper are its 2 big commodities which are tied to economic growth and in coals case, tied to Chinese economic growth. There is still enough uncertainty there. This is in the camp where you Buy when you are surer of the economics.

Speculating that data gets better. He would be cautious. This is a play on the whole sector. He would look to what is working.

Owns a little bit and it’s on his potential disposition list. Not that happy about its coal business right now. There are shiploads of coal floating off China’s coast waiting to be unloaded because there is too much coal in China right now. Also, demand for zinc doesn’t seem to be there right now.

(Top Pick May 17/12. Up 2.32%.) Underperformed given the weak met coal prices however it is properly positioned for the copper market and an ultimate recovery in coal prices.

We are at a time when every one knows things are slowing in China. It is tough and when everyone knows how tough it is, companies get de-risked. Capacity of met coal is coming off in Australia.

Sold some of his position when it got into the high $30’s and hasn’t bought back in yet. His shorter-term worry is with the metallurgical coal market. He would be comfortable adding back to his position at under $30.

Build a little position but don't build more than a half. We broke the trend of the last 6 months. More than half of revenue is from coal space. 70% is from Asia. US housing recovery is not a theme that they will benefit from significantly. China will grow at 6-7% over the next year or so. Tradable rally into next year.

Good diversified miner. He is not focused on cyclicals at this time. Whether China has a hard or soft landing remains to be seen. Expect it will be volatile, especially if we get weaker economic conditions.

Likes this one very much. Wouldn’t buy it today. Continuation of the housing pick-up in the US will have a major impact on the American psyche as well as businesses. If this starts to happen, companies like this are going to start to benefit. Also, a lot depends on what China does.

Copper and metallurgical coal and has been absolutely pounded. Most of the analysts think this is going a lot higher. Loves this company. Well managed. Production has dropped off. Earnings were not that great this past quarter. Shorts have been quickly dropping off in the last month.

It has broken its trend line. But right now he would not be buying. Wait for it to develop more of a base. Would be weary about chasing it here but look for pullbacks over the next 6 months or so.