Teck Resources Ltd (USA) (TCK) Earnings Won’t Look Golden This Quarter

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In the Teck earnings report, watch for the company to comment on its most recent joint venture with Copper Fox in which Teck committed $60 million to take a 75% stake in the Schaft Creek copper and gold exploration property. Such moves only increase the potential payoff for success, but they also reveal the risks that Teck and its mining peers are willing to take to survive in tough industry conditions.

The article Why Teck Earnings Won’t Look Golden This Quarter originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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