re: Ann: PEA Confirms Potential Robust Econom... TECK 1/4...

re: Ann: PEA Confirms Potential Robust Econom... TECK 1/4 ly

"Coal prices have been agreed with the majority of the quarterly contract customers for the second quarter of 2013 based on pricing of US$172 per tonne for the highest quality products, which is consistent with prices reportedly achieved by our competitors" teck say

My thought is it appears that met coal is actually stabilizing / even ticking up in price. Like thermal coal, alot of met coal producers are at their cost point and supply has most certainly been impacted = price stabilization. other commodities are not at this point. Iron ore has a lot room to move lower, as does copper and other base metals. Coal is the only commodity that is at its cost curve point where supply has been disrupted and hence price stablisation. Crown is high quality low cost producer and we are very lucky to be in this situation. very lucky. coal has been so out of favor that the commodity/coal stocks have done the negative work. if markets recovery at least coal has room to move on the upside verse other commodities/resource stocks.