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Strategies & Market Trends : the times they are a-changin'

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To: marcos who wrote (70)2/16/2002 9:47:13 PM
From: tyc:>  Read Replies (1) of 145
 
I respect your, and Teevee's opinion, which I know extends to to Teck and the Keevils.

When I entered the market in 1974, the first share a bought was Teck. I paid about $1.35 per share. Since then we have seen 2 splits. I bought it because in an annual report I heard Keevil (snr) say, "We are going to turn this company into another Noranda". I certainly do not regret that first purchase.

When the cream has been skimmed off, what is left is very cheap. When prices go up, they don't get more cream... it is the value of the milk that has the leverage.
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