Seeking Alpha

A land dispute with Shell (RDS.A) is threatening Teck Resources' (TCK) first stand-alone oil...

A land dispute with Shell (RDS.A) is threatening Teck Resources' (TCK) first stand-alone oil sands project, adding uncertainty to the miner’s push into energy. TCK, which holds a 20% stake in the proposed Fort Hills oil sands mine, already faces the prospect of a delay on that venture as Suncor (SU), the project operator, reviews the profitability of expansion plans.
Comments (2)
  • john001
    , contributor
    Comments (768) | Send Message
     
    This could be a blessing in disguise for Tck, as anything that will delay spending money in the oilsands at this time is a good thing for the share price.
    29 Jan 2013, 12:29 PM Reply Like
  • toomuchgas
    , contributor
    Comments (644) | Send Message
     
    It's a huge investment to not be able to produce anything. Looks like Shell is making it attractive to sell to them which would eliminate all conflicts.
    29 Jan 2013, 04:15 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs