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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

Comment by JCSunsfanon Aug 31, 2020 6:11pm
165 Views
Post# 31481381

RE:RE:RE:RE:RE:RE:Rogerrooth

RE:RE:RE:RE:RE:RE:RogerroothI am sure you all remember what Russ said about this in the most recent CC.  Just in case you forgot:

Looking forward, many folks only appear to be focused on this company through how Gibraltar’s performing, while only superficially thinking about our other assets. Certainly, I find it strange that investors nor analysts really think about the large gold reserve base we have, especially, in the world today where gold seems to be all the focus. I think everyone has completely forgot that Taseko has proven gold reserves of over 10 million ounces and total resources of roughly 18 million ounces. It seems strange to me, that small junior companies with a few drill holes can have market caps of $200 million, $300 million or $400 million based on some hype, yet Taseko gets no credit for ounces in the ground of proven reserves. I guess no one thinks neither New Prosperity nor Harmony will ever be developed. The question is why won’t they?

Projects all over the world run into obstacles, some are social, some are technical, some are a combination of many factors. And while those may delay and sometimes stop advancement, most times those projects move ahead. Look at the projects at Ecuador, Guatemala, even Chile.Those that were thought not possible to advance have now advanced. Our projects are no different. Canada and BC are  [like?] those countries. In fact, we have an EA certificate from the province of British Columbia for New Prosperity and our recent standstill agreement in the courts with the local first nations of government should be a signal that nothing remains the same forever.

As you’ve all seen projects move ahead in other countries that have been stalled, please take note that Canada is no different and sound projects ultimately move ahead when all the conditions are met. At some point, those 10 million ounces are recoverable gold ounces in our projects will be mined.


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