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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including mine permitting and development within the province of British Columbia, Canada and the State of Arizona, the United States. The Company’s principal property is the Gibraltar Mine, which is a copper-molybdenum mine that is located in south-central British Columbia. It also owns the Florence Copper, Yellowhead copper, New Prosperity and Aley properties. The Florence Copper property is located midway between Phoenix and Tucson near the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola area of British Columbia, approximately 150 kilometers northeast of Kamloops near Vavenby. The New Prosperity Project is a gold-copper porphyry, which is located in British Columbia. The Aley Niobium Project is located in northern British Columbia, approximately 140 kilometers north of Mackenzie.


TSX:TKO - Post by User

Bullboard Posts
Comment by leakeybillon Apr 15, 2008 9:00pm
328 Views
Post# 14974451

RE: I got the answer to my question.

RE: I got the answer to my question.
What is more significant it that they did not sell all the copper they produced in the last quater and they held back on about 80,000 lbs of moly sales as well. So I would expect that from here on the numbers are going to be significantly better. Likely 25 million lbs a quater.

Moly recovery rates were up and they are hoping to get them up another 20%, what will that do to the cost of the operation.

The conveyor belt in place later on this year, they continue to lower operational costs.

When they move to 55000 tpd capacity and are producing about 120 million lbs of copper and likely over 3 million lbs of moly.

The will have the capacity with the oakmount property to increase the mine capaciton to about 200 million lbs a year.

They have harmony (3 million oz gold)

They have prosperity (9 million oz gold)

The have that other project they just bought.

I think they have some shares in another company.

UP UP Up, there are not comparable companies.
Bullboard Posts