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Thursday, April 18, 2024

Top Trade Alert – Jan 3rd 2024 – Teck Resources

I've settled on TECK for our copper play in the LTP. Copper is only about 23% of their revenue but it's 28% of their earnings and they are fairly small ($21Bn) and making $2.8Bn and should really lever up. 37% of Revenue and 40% of profit comes from Steelmaking Coal and then Zinc is most of the rest. They are dumping their Coal Business - a move I'm very happy with:

🤓 Here is an investor report on Teck Resources (TECK) based on the information available from various sources.

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