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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RIK who wrote (4)	10/31/1998 12:37:00 PM
From: jack marshall	Read Replies (1) of 35

Tough to say. The market sure seems to be discounting an equity float. Cashflow will not cover their capital requirements. There is room for more debt on the balance sheet but it would seem that there will need to be some more equity in the mix. The market sure is not in the mood for a float of a resource company these days. Unloading Cominco does not appear to be an option after they just bought some more recently. In my opinion, Antamina will go down as an excellent move. People questioned BHP's move into Escondida at one time. Not any more.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next