RE: Federal agency finds holes in draft EIS report Hey all - new to this board but not new to Taseko.
We shouldn't take this news lightly. It is another example (among many) of the sheer incompetence of management. Granted, what was reviewed was a draft, but in no way should there be this many flaws in the proposal at this stage. I mean seriously, what is Taseko thinking!?
Unless there are some people in the "know"who can guarantee me that the government will approve this no matter what, I have some serious doubts obout the Prosperity project. The majority of shareholders have already lost their faith in this company - hence the share price. I've been in and out with this company a few times over the years, currently have no stake. If I feel this project will get approved I might make a small speculative play. No doubt the price will jump with approval but long term things still look moderate at best.
Even with approval of the project the FN will be a headache indefinitley. They will protest, block roadways, sabotage, and everything else. This Project wouldnt produce profits for at least 5 years....