Teck Corporation TEK.A TEK.B Canadian "eh" Message Board

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Gold/Mining/Energy : Teck Corporation TEK.A TEK.B Canadian "eh"

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To: Gord Bolton who started this subject	4/24/2001 1:47:20 PM
From: Jerrold Annett	Read Replies (1) of 35

Hi guys, I bit the bullet and bought Teck a couple of days ago. I wished I held on to my cheap shares last year around the $10.00 level but at that time these Cominco power sales were not in the picture. Taking a look at Cominco's revenues from the power sales and knowing that Cominco will devote their entire 250 MW dam to supply power to the California market for July, August and September....It would be safe to say that these guys are going to be swimming in dough in the 3Q. I am guessing but 3Q profit of $5.00 per share for Cominco or over $400 million dollar profit does not sound out of reach. Teck will at least half as good seeing that they own 50% of Cominco. What a deal!!!

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