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Teck Resources Ltd. (B) (TECK.B-T)

ON STOCKCHASE SINCE Jan 2001

zinc

precious metals

Teck Resources Ltd. (B)
TECK.B-T

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What the experts are saying about TECK.B-T

Signal	Opinion	Expert
DON'T BUY	Teck Resources Ltd. (B)(TECK.B-T) December 11, 2018 Has copper, zinc and oil exposure. She's not buying resources, because of global uncertainty. China is a big buyer of these. TECK is good at paying down their debt, though. Wait to see how the tarriffs play out. precious metals 0 0 0 0 0 0 comments	Has copper, zinc and oil exposure. She's not buying resources, because of global uncertainty. China is a big buyer of these. TECK is good at paying down their debt, though. Wait to see how the tarriffs play out. precious metals 0 0 0 0 0 0 comments Christine Poole CEO & Mana, GlobeInvest Capital ... Price $29.320 Owned No

DON'T BUY	Teck Resources Ltd. (B)(TECK.B-T) December 4, 2018 It's exposed to cyclical, industrial commodities. TECK produces metallurgical coal, steel and copper. They also have a stake in the Ft. Hills Oil Sands project. All these are tied to industrial production. World demand for these commodities could decrease in 2019. Given TECK's operating leverage, a 1-2% move in commodity prices could hurt their earnings 5-10%. precious metals 0 0 0 0 0 0 comments	It's exposed to cyclical, industrial commodities. TECK produces metallurgical coal, steel and copper. They also have a stake in the Ft. Hills Oil Sands project. All these are tied to industrial production. World demand for these commodities could decrease in 2019. Given TECK's operating leverage, a 1-2% move in commodity prices could hurt their earnings 5-10%. precious metals 0 0 0 0 0 0 comments Brian Madden Senior VP , Goodreid Investment ... Price $28.780 Owned Unknown
DON'T BUY	Teck Resources Ltd. (B)(TECK.B-T) November 27, 2018 Volatile. You gotta be brave to invest in this. It's 100% dependent on commodity prices. He doesn't like that. He owns no minerals. precious metals 0 0 0 0 0 0 comments	Volatile. You gotta be brave to invest in this. It's 100% dependent on commodity prices. He doesn't like that. He owns no minerals. precious metals 0 0 0 0 0 0 comments David Baskin President, Baskin Wealth Manage... Price $25.790 Owned No
WAIT	Teck Resources Ltd. (B)(TECK.B-T) November 26, 2018 This is a tough case. He likes the company and the results have been good. It looks quite cheap. The underlying commodities, zinc and copper, are just so low. He would be more comfortable if there was firming in the commodity pricing. precious metals 0 0 0 0 0 0 comments	This is a tough case. He likes the company and the results have been good. It looks quite cheap. The underlying commodities, zinc and copper, are just so low. He would be more comfortable if there was firming in the commodity pricing. precious metals 0 0 0 0 0 0 comments Matt Kacur President, FSA Financial Scienc... Price $26.630 Owned No
TOP PICK	Teck Resources Ltd. (B)(TECK.B-T) November 12, 2018 Best risk-to-reward in the metal companies. Had $1.5 billion in cash. Trading at 3x enterprise value vs. peers at 5.7x. Its growing copper business will accelerate in the next year as it lowers costs. It's had a good move over the past two years. It's held very well in this space. Seasonality is in its favour, too. It's in a bullish pattern and it will be great if it breaks above $38. (Analysts’ price target is $40.04) precious metals 0 0 0 0 0 0 comments	Best risk-to-reward in the metal companies. Had $1.5 billion in cash. Trading at 3x enterprise value vs. peers at 5.7x. Its growing copper business will accelerate in the next year as it lowers costs. It's had a good move over the past two years. It's held very well in this space. Seasonality is in its favour, too. It's in a bullish pattern and it will be great if it breaks above $38. (Analysts’ price target is $40.04) precious metals 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $27.290 Owned Yes
TOP PICK	Teck Resources Ltd. (B)(TECK.B-T) November 6, 2018 He hasn't been in materials for a long time, so this holding is new for him. TECK is in coal which is stable because they sell it to the Japanese who are long-term buyers. TECK is also in copper and the Oil Sands. Prices will be okay for oil. They've added a lot debt to the balance sheet, but he bought it because they're paying it off and can manage it. The materials cycle will start again; he's confident the tariff situation will resolve itself soon. It's had a big pullback. but boasts a clean balance sheet while earnings will grow. Emerging markets will turn around. (Analysts’ price target is $40.17) precious metals 0 0 0 0 0 0 comments	He hasn't been in materials for a long time, so this holding is new for him. TECK is in coal which is stable because they sell it to the Japanese who are long-term buyers. TECK is also in copper and the Oil Sands. Prices will be okay for oil. They've added a lot debt to the balance sheet, but he bought it because they're paying it off and can manage it. The materials cycle will start again; he's confident the tariff situation will resolve itself soon. It's had a big pullback. but boasts a clean balance sheet while earnings will grow. Emerging markets will turn around. (Analysts’ price target is $40.17) precious metals 0 0 0 0 0 0 comments Rick Stuchberry Portfolio , Wellington-Altus Pri... Price $27.610 Owned Yes
BUY	Teck Resources Ltd. (B)(TECK.B-T) November 6, 2018 He sold it, and did well with it. Very well-run. But he's afraid of the outlook of many materials though. If materials sell-off, he'll buy this. Quality people and deposits. precious metals 0 0 0 0 0 0 comments	He sold it, and did well with it. Very well-run. But he's afraid of the outlook of many materials though. If materials sell-off, he'll buy this. Quality people and deposits. precious metals 0 0 0 0 0 0 comments Rick Rule Pres. & C, Sprott USA... Price $27.610 Owned No
COMMENT	Teck Resources Ltd. (B)(TECK.B-T) November 5, 2018 They are integrated in the core part of global growth. The global growth story is slowing down. Growth over the last decade has been all fueled by debt. It does not mean we may not get a cyclical trade as China steps on the gas. Maybe you can get a trading rally. Analysts are 80% positive. (Analysts’ price target is $40.17) precious metals 1 0 0 0 0 0 comments	They are integrated in the core part of global growth. The global growth story is slowing down. Growth over the last decade has been all fueled by debt. It does not mean we may not get a cyclical trade as China steps on the gas. Maybe you can get a trading rally. Analysts are 80% positive. (Analysts’ price target is $40.17) precious metals 1 0 0 0 0 0 comments Larry Berman CF Chief Inve, ETF Capital Manageme... Price $27.740 Owned No
WATCH	Teck Resources Ltd. (B)(TECK.B-T) November 1, 2018 It is one of the higher quality names in the copper space. There will be choppiness ahead in the short term until we find the low and then it is positioned well to move higher. precious metals 0 1 0 0 0 0 comments	It is one of the higher quality names in the copper space. There will be choppiness ahead in the short term until we find the low and then it is positioned well to move higher. precious metals 0 1 0 0 0 0 comments Javed Mirza Technical , Canaccord Genuity ... Price $27.940 Owned Yes
WAIT	Teck Resources Ltd. (B)(TECK.B-T) October 25, 2018 Nov. 26 is when you want to enter that sector. He would wait because it is in a downward trend. It has negative momentum. precious metals 0 0 0 0 0 0 comments	Nov. 26 is when you want to enter that sector. He would wait because it is in a downward trend. It has negative momentum. precious metals 0 0 0 0 0 0 comments Brooke Thackray Research A, Horizons ETFs (Canad... Price $24.830 Owned Unknown
WAIT	Teck Resources Ltd. (B)(TECK.B-T) October 25, 2018 This name is quite volatile. Would prefer to buy it when it is back on the upswing. This is probably the only mining name he would own in Canada. It is well run with a diverse asset base. It is probably oversold at current levels. He likes the company and the space. precious metals 0 0 0 0 0 0 comments	This name is quite volatile. Would prefer to buy it when it is back on the upswing. This is probably the only mining name he would own in Canada. It is well run with a diverse asset base. It is probably oversold at current levels. He likes the company and the space. precious metals 0 0 0 0 0 0 comments Cole Kachur Senior Wea, ScotiaWealth Managem... Price $24.830 Owned No
DON'T BUY	Teck Resources Ltd. (B)(TECK.B-T) October 16, 2018 It's late cycle for TECK and related minerals companies. He owns very little in this space because he doesn't see upside. TECK itself is a good company. precious metals 0 0 0 0 0 0 comments	It's late cycle for TECK and related minerals companies. He owns very little in this space because he doesn't see upside. TECK itself is a good company. precious metals 0 0 0 0 0 0 comments Michael Decter President , Lawrence Decter Inve... Price $31.490 Owned No
BUY	Teck Resources Ltd. (B)(TECK.B-T) October 15, 2018 A declining US dollar would be good for copper. This would be the safest place to make an entry into base metals. This is a good spot to be. precious metals 0 0 0 0 0 0 comments	A declining US dollar would be good for copper. This would be the safest place to make an entry into base metals. This is a good spot to be. precious metals 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $30.720 Owned Yes
WATCH	Teck Resources Ltd. (B)(TECK.B-T) October 5, 2018 He is very neutral right now, but would become a buyer in the $20 range. There is risk to a global China tariff war. precious metals 0 0 0 0 0 0 comments	He is very neutral right now, but would become a buyer in the $20 range. There is risk to a global China tariff war. precious metals 0 0 0 0 0 0 comments Bill Harris, CF Portfolio , Avenue Investment Ma... Price $31.100 Owned No
WEAK BUY	Teck Resources Ltd. (B)(TECK.B-T) October 3, 2018 He thinks now is a good time to get half your position in. Most material stocks have not acted well this year. Late cycle in the bull trend, he thinks commodities will get another year or two of potential upside. He is watching this one right now. precious metals 0 0 0 0 0 0 comments	He thinks now is a good time to get half your position in. Most material stocks have not acted well this year. Late cycle in the bull trend, he thinks commodities will get another year or two of potential upside. He is watching this one right now. precious metals 0 0 0 0 0 0 comments Robert Lauzon Deputy Chi, Middlefield Capital ... Price $31.280 Owned No

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