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Watch Teck Cominco Limited - A Canadian Mining Stock

Teck Cominco Limited (TCK), a diversified mining and metals company, headquartered in Vancouver, Canada, is down 31 percent from its peak set in October 2007. This producer of zinc, metallurgical coal (used in steel production - burns very hot) copper, gold and specialty metals has support between $28 and $32.

The stock is a candidate as a core holding for a metals mining stock portfolio, but wait for its price to stabilize before making any purchases.


Related Articles:

Metal Mining Stocks
Price Patterns - Support Levels May Constrain Price Downsides


Posted December 24, 2007.




 

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