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Gold/Mining/Energy : Copper Fox

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From: brundall1/15/2015 5:57:11 PM
2 Recommendations   of 10654
 
If copper and coal prices remain in the tank for a significant period of time, it is looking likely that Teck will have to slash it's dividend and cut capital spending even further. It may even have to raise money to sustain Fort Hills spending.

It's crunch time folks....we are running out of cash and our senior partner at our flagship project could be tightening the purse strings...

business.financialpost.com

Yes, it's all doom and gloom .....when I find anything positive I will let you know - I am still looking
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