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Investment Q&A

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Q: I have read your commentaries on Tech Resources (TCK.B) and have also read some very positive comments from others, thinking the company will do extremely well.

Reading into your comments, my understanding is that the company came out of bankruptcy, has immensely reduced their debt and has purchased 5M shares in recent years ( a reasonable percentage of outstanding stock). Sounds like a pretty good success story (to date). I was recently hesitant re buying any shares as your comments are down to earth highlighting potentially opportunity but with some definite risk.

Today I stumbled upon this article (see link below) stating that Tech resources was amongst the 100 most sustainable companies in the world and was rated number one in Canada. I know little to nothing about this sector but for a company that was almost bankrupt a few years back this appears to be a major accomplishment. It appears this company is doing a lot of the right things. Is it possible that we may have a winner here or is it possibly in the wrong sector and no matter how good it is, it may have uncontrollable surprises?

Thanks,

http://www.4-traders.com/TECK-RESOURCES-LTD-1411898/news/Teck-Resources-Ltd-Teck-Named-to-Global-100-Most-Sustainable-Corporations-List-15961707/
Read Answer Asked by Walter on January 25, 2013