Quote:
Originally Posted by SiRV
Are there any people in the resources industry here? How does TCK look right now? My friends ex-boss (now retired) made a fortune betting on this company succeeding during the recession.. Price point looks similar now
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I bought myself some TCK but not the bottom. It did drop to the same levels at 2008 (~under $4).
However, TCK does have some direct exposure to the oil sands as they own 20% of the Fort Hills Oil Sands project which is currently in construction. I would say TCK is a good long-term investment with good returns in 2-4 years. TCK is a highly diversified metals company and should be a stable investment IMHO.