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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 metalhead666on Aug 24, 2021 5:27pm
203 Views
Post# 33758708

Florence alone is worth twice the current price...

Florence alone is worth twice the current price...At the current price of copper let alone how high it might go over the next couple of years, Florence is worth at least double the current market cap. At $5 copper Florence is worth at least 3x the current market cap. Add in the prospect for cash dividends, the increased value of Gibraltar and the development of Yellowhead which all of a sudden becomes a reality and the share price should be close to $10  If you just put your shares away and we see copper pushing $10 and Yellowhead is cranking out the pounds then you'll have a $20 or $30 stock.  I bought the dip of two days ago and will double my position...or triple it....the second the permit is in hand.  Could be any day now. I'll hold for a 10x bagger. 
https://www.miningweekly.com/article/taseko-advances-procurement-as-florence-permit-decision-nears-2021-08-06
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