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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 cupricityon May 23, 2024 2:53pm
104 Views
Post# 36054489

RE:RE:Today Is Why

RE:RE:Today Is WhyIve always felt this.  You get out or in in your 20/20 hindsight.  Sure it would have been great to get out at 2.70 and back in at 1.40 but cash has a funny way of not going back in at the right time.  Then you chase because you are frustrated.  I practise buy low and ride the dips out. Tree shaking is great but almost all short term traders go broke in the long run.  Meanwhile if the product is good why sell it based on short term sentiment.  If TKO ever reaches fair value then it would make sense to reduce my position.  What is fair value at 5 dollar copper?  6 dollar copper?  What is replacement cost of Gibraltar, New Prosperity, Aley, Yellowhead and Florence?  I bet 3.83 cents doesn't cover it.  I expect we sit here at around 3.70 to 4.00 for a month.   Copper is being devoured as cheap electricity is made all over the world and businesses start to realize that the green revolution has two shades of green and some of those shades have a lot of dead presidents on them. Internal combustion cars are now back to 2011 levels of production while solar panels saw explonential increases last year.
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