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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 metalhead666on Oct 05, 2021 5:50pm
160 Views
Post# 33971263

RE:RE:tko

RE:RE:tkoThe unfortunate thing is that TGB doesn't exist in a vacuum. It belongs in indexs and is by and large subject to the price of copper. If the market bubble pops or the economy goes into the ditch, TGB will fall with everything else. The Atlanta Fed downgraded GDP from 6% to 1%....there are serious issues in the world not the least of which is massively inflated markets...all markets.  Smartest way to play this given 18 months until cash flow is to have a core position, trade a few shares, accumulate once per month over the next year to smooth out and mitigate the market influence.  As good as this story is now there's nothing stopping a 50% drawdown should everything go over the cliff....be mindful.  Love it long term, be careful short term
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