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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
Post by leakeybillon May 01, 2008 6:40pm
417 Views
Post# 15029432

Second Mine

Second Mine
Most companies have to build a second mine, like qua to get additional production. Why would TKO buy the adjacent property when they already have a 20 year mine life. Why because they are going to purchase another ball mill and expand the current operation to 200 million lbs a year. The incremental costs, tailing ponds are all in place. Power is in place as well so you don't need a big study whether you should build a mine or not because it is already there.

This is a significant piece of news and the market has not figured it out yet.
Bullboard Posts