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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 Bakocopon Jun 29, 2021 12:36pm
188 Views
Post# 33466426

RE:RE:RE:$4.40 copper average

RE:RE:RE:$4.40 copper averageYes. Cash is the goal.  Russ and McManus have generated 900 million of cash over their tenure.  Where is it?  Current cash is entirely bought deal and upsized bond deal.  It has all been put back into GIB and pipeline.  I suspect GIB C1 has been understated for many years as it seems to take massive capex to keep it going.  Russ and McManus have apparently missed the boat having been caught moving between pits while the price of copper has been running. Could be why they both are punting, not anxious to go through another conference call.  Plus having been so positive on last call that Flo permit would be released in June.  It is positive that Stuart mentioned that Q2 production was up over Q1 in his last interview.  I don't expect much in the way of EPS for Q2 but a nice positive number would be a real boost for SP.  
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