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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

Post by JoeStockIQon Jan 05, 2021 3:56pm
136 Views
Post# 32226040

Reality Check

Reality CheckMost people on this board have been here for at least a few years, many much longer. Who remembers, not too long ago, when the Taseko share price more than doubled from roughly $1.10 US to slightly over $2.50 US in a matter of months. What was different back then? The price of copper was less than it is now and Florence was far away in terms of progress from where it is now. Does anyone here wonder why the share price is mired in this rather paltry price range? Something is amiss, don't you think? Snuggly Fluff Bear thinks management is building trust. Be a realist and ponder the current situation. Why is the share price not going much, much higher? Trust is the answer. Rather, lack of trust is the true answer. Not trying at all to shake anyone off or their positions, merely pointing out why many take profits ala swing trading a percentage of their total position. Let's all hope management gets it right this time. We should all know by the end of this current quarter after they release Q4 results AND if they stay true with announcing final Florence permits with accompanying financing package. Will Taseko shoot up to last cycles high of $2.50 US / $3 CDN or will they shoot themselves in the foot?
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