Re: Commodity Slump Not Necessarily Signaling Recession

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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YourNadir

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Re: Commodity Slump Not Necessarily Signaling Recession

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Re: Commodity Slump Not Necessarily Signaling Recession

YourNadir

posted on Aug 24, 2015 09:46AM

We're set for another bloodbath today. Markets tumbled elsewhere in the world. Shanghai's exchange closed down 8.5%!

Teck has plummeted $1 in early trading, down 12.5%. If Teck remains in the $7 range for long, one has to wonder if it won't be a takeover target soon.

Despite the doom and gloom, Motely Fool has just posted this article titled "The Case for Buying Teck Resources."