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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 CdnScorpionon Dec 03, 2020 8:01pm
107 Views
Post# 32034099

RE:RE:RE:RE:Re Stuart Interview

RE:RE:RE:RE:Re Stuart InterviewWell that's the big difference, I am not here for a quick buck and trading in and out. I am here for the long haul and prefer slower growth that actually benefits the long term. Unless the actuall deal involves something like a 30% jv now, followed by selling the remaing 70% at it is is up and running to pay for the majority of Yellowhead build out, we should take advantage of the high Cu rices now to bank the cash from Gib, and delay florence until we do not have to give 30% away for just $100 million. TKO could use its current cash to build out half the infrastrucuture and wells and get started with a 40 million pounds of cathide production. Then that would be adding a big chunk of cash to the pt along side of gib production. With Cu over $3.20/lb that would be $80 million/yr cash. Run at half size for a year, then styart building out the other half, and the whole thing ends up being self financed. It is not like instu mining needs the full processing facillity built out before you can start. Build out more EW bays as more wells are brough online as you bring in more cash. The thinking that you have to build the whole thing out at once is crazy.
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