RE:RE:Re 40% and countingnofluff wrote: That was bigger news than the permit. More news to follow. It was stated before that the purpose of resource expansion was to justify mill expansion. More news to follow. So 800 million new pounds plus a bunch of moly. That should be at least 50 cad cents insitiu value for 400 million to mc. Market squeezers will try to hold it down while they shake shares out. When mill expand news hits, tko should keep heading for 5.00 cads. Flor permit should add another 3.00.
So tko heads for a tripple bagger by 2022 year end. Not like an inomine 10 bagger. But quute good.
nf
Hey NF, can't agree that the Gib update is bigger news than the Florence permit for several reasons. First, most were expecting this update. While it's nice they formally announced, it was expected. Second, this update doesn't change annual production. Extra years yes, but not extra production. Therefore, I refer back to the update being expected. Share price up a little over a US nickle, I really didn't expect much more. Third, the overall market still isn't giving Florence any love...hardly any as lots of skeptics still abound. That's exactly why the Florence permit remains the primary driver for true share price acceleration. I've been saying this all along...completion of the public comment period and actually having the final permit in hand brings share price to $3 US. It's now looking like the final permit won't be "in hand" until August or September thanks to the EPA continuing to drag their heels. A producing Florence in early 2024 gets share price to $4 US. Yellowhead gets share price to $6 US but that is at least 5 years out. Absolutely nothing happens fast with this stock but Florence has always been the key. The best thing right now is Taseko shares are very safe. Lots of things to keep share price moving higher and only falling copper prices to restrain upward trend. Very safe BUT very slow. That said, new investors can still get a nice 25%+ easy return in next 9-12 months. Who wouldn't take those returns? Not sure why you keep expecting all of these bags so soon? You know I'm one of the biggest Taseko fans and a large share holder and I'm saying there's not a chance share price even doubles in 12 months time as that would equate to $4.50+ US. While I would obviously love that to happen, I don't see it. So, a triple bagger by end of year? C'mon NF, how do you come up with this stuff? The more realistic one is, the less one will be disappointed. But anyway, hope you're right...