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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 AlfTanneron Jun 30, 2022 11:18am
103 Views
Post# 34793883

RE:RE:RE:RE:Interesting EPA reprimand perhaps?

RE:RE:RE:RE:Interesting EPA reprimand perhaps?
JCSunsfan, I also held this stock too long until I realized the following:
 
1. The permit is never going to be approved so long as the EPA reports to an administrate that is working to destroy the country.  This is not a staffing issue.  This is bureaucrats following their marching orders.
 
2. Even if the permit is approved, what will that do to the stock?  Up maybe 10% that day?  The stock can drop 10% in a day with no news.
 
3. The "story" for copper is great, but it is a long term story.  That does not affect the day to day copper price.  The real story for the next 6 months is that the Fed and the Biden administration are driving the country into a recession.  Europe will participate in this recession thanks to their equally bad policies.  Dr. Copper as only begun to price in the coming recession.
 
4. The costs for this company are through the roof.  They will not even make a profit with $4 copper.  This company will likely see losses every quarter now until Florence is up and running at full production.
 
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