Sojitz Sale ???Is this real??? Hoax?? Given that Taseko had a news release this AM and made no mention of this alleged deal, has a certain implication: that the amount of $ involved is non-material.
Looking at old history, Cariboo Copper bot 25% of Gibraltar in 2010 for 15.9 Billion yen. Sojitz has or had 50% of Cariboo. So, presumably, Sojitz invested 7.95 Billion yen for their position. Assuming there was no further investment to boost the book value, and to announce today taking a loss of 6.3 Billion yen, implies a sale price of 1.65 B yen.
If my calcs are correct, that's about Cdn$17,110,857. Which might well be an immaterial amount in the financial scheme of things requiring disclosure. I'm probably way off base here, but on the crazy assumption that maybe I'm right or close to right, I speculated on a small purchase. Colour me 'in'.