Taseko Mines Ltd T.TKO

excelsior

[nofluff]

They r an insitiu copper play about the size of florence. They have been permitted for over a year. Life has not been good for them. One circulation prob after another. They r still only a fraction of 125 million pound permit per year. There mc is 200 million. Not sure there debt. I believe they printed paper and sold stream to get to 25 million pounds a year. So 5 times production should give them 1 billion mc. They have to iron out there process before that happens.

Florence circulation procedure had no problems. There rincing seams fine.

So 125 million pound per year permit should add 1 billion or 3.00 a share after 250 million debt taken off. That is during ramp up. After that it is earnings multiple. 300 million earnings on new mine should give 3 billion mc for 12.00 cad on top of other value pipeline at 3.00 copper.

Copper is trying 2 test 3.10 support. I think it will hold.

nf

[fishmillion]

Interesting take no fluff..... a bit better post but you would have more believability if you were more reasonable with your projections. Ie. We can argue the possibility of 3.00 share price all day and both side would have a good arguement. In the last 2 weeks you had tko at 40 .. then 20. Then 15. Now around 12.... all which are just a drunken dream... scoreboard says 1.3 currently based on the