TSE:TECK.B

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

85.38
+1.45 (1.73%)
as of Nov 6, 2026, 9:00:00 pm Market Closed.
552 watching
0
DON'T BUY
Recently had lower production levels in their copper. Also their BC coal mining operation is still on strike. Would like to see an increase in production before looking at it.
BUY ON WEAKNESS
Double top in January. In a great space. Support at $47.50. He would like to own it – maybe next week.
SELL
He has been telling people to sell their material stocks. It is breaking down here. Watch it very carefully. Model price is around $70 range but if something happened, say in China, this one has a ways to fall.
BUY
It’s a global company and the pull back is a good opportunity to buy it. The demand for commodities is still strong but the ride is going to be rough.
BUY
It has been affected negatively by strike issues. He likes it. It virtually bounced off the 200 day moving average. It is going to benefit going forward from China if not Japan. Thinks this company will continue to go up.
BUY ON WEAKNESS
$65 was overvalued. If you lop off the peak, high $50s is more of a reasonable peak. It was a bit frothy at the top. The pullback is justified. Under $50 it is probably a buy. It would be interesting to look at again.
DON'T BUY
As it pulls off at this time it starts looking attractive but he prefers in the $30’s. They are betting on the big coal/steel market going forward and he just finds there is not enough certainty to it. You are really exposed to any sort of softness or disruption in China.
TOP PICK
Have cleaned up their debt, extended terms and reduced interest costs. Diversified mining play so you are not betting on any one commodity. Great way to play the infrastructure demand that is going to continue. 1% yield.
BUY ON WEAKNESS
Bought today. Gives bets leverage of any of the miners. Balance sheet has really improved and sees them using it to make acquisitions. Good buy here.
BUY
Seasonally Metals and Mining sector from the end of January until May tends to do quite well. Has a 7.7% on average last 21 years 75% of the time. Technically chart shows a resistance at around $48 which it broke through in 2010.The pull back at the beginning of the year was when the sector got hit a little bit. Has support at $48 now. Could have a little more pull back but will go up again.
COMMENT
Took quite a bit of profit and reduced his positions. Looked like it was selling off but didn’t get down to his Buy point of under $50. Australian weather problems have tightened the coal market up. Coal is going to be a good export market for them.
BUY
Premier base metal mining company in Canada. Good exposure to coking coal, which he likes as well as copper and zinc. Should be a core position in your portfolio. Once it gets below the low $50s and high $40s you can start to accumulate and over the next year or two it should do very well.
DON'T BUY
Likes coal but preferred playing it through Westshore Terminals (WTE.UN-T), which he recently sold. Finds their balance sheet too levered for his style of investing.
BUY
The risk trade is back on again. This is giving you an opportunity to get back into a great situation. He is intrigued around these levels.
TOP PICK
It’s time to start adding base metals and this is a great way to play it.
Showing 916 to 930 of 1,728 entries