RE:Nice move up ... light volume thoughCognition777 wrote: Looks like the financials caused a bit of optimism... but only among those who were already interested. I think we'll know tomorrow if the word is spreading and hovering brokers are talking to their clients about dipping their toes in the water now.
Florence permit will be the big one as everyone has been saying. I think that's when volume will increase significantly, price will go up attracting fund managers and institutions... and then majors will start sniffing around more seriously about taking over TKO (or perhaps one of our pipeline projects).
Agree 777, although 1.2M US volume with over 2 hours left isn't considered light but nor is it heavy by any means. Perfect world would have Taseko getting significant funds from the sale of NP to finance Yellowhead / Florence / Gibraltar expansion but won't be holding breath for that to happen. One thing is certain now, absent a copper crash to sub $3 US and a Florence denial, the future is looking better than ever and I don't see either of the aforementioned scenarios playing out. I continue to believe the funds / big money players are going to do their level best to keep share price as low as possible before the permit is finally granted. Thought of the mid-September $2 US call option purchases remains very much in play.