Teck Resources (TCK -2.3%) CEO Don Lindsay said in yesterday's conference call that values have...

|About: Teck Resources Limited (TCK)|By:, SA News Editor

Teck Resources (TCK -2.3%) CEO Don Lindsay said in yesterday's conference call that values have come down and more assets have come available for potential M&A, including projects in the iron ore sector which TCK has been eager to break into for years. TCK has more than $3.2B of cash on its balance sheet, but Lindsay stressed it would do nothing to threaten its investment-grade credit rating.