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Bullboard - Stock Discussion Forum 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... see more

TSX:TKO - Post Discussion

Taseko Mines Ltd > Re Re Re
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Post by copperminer on Nov 16, 2020 9:38pm

Re Re Re

Yes, A very bad fish, omitting the pluses, for instance the Florence production x C1 costs will essentially double us now. Then add the effect of the Yellowhead which will effectively double the Gib & Florence both put together. This, account YMI cu high grade and gold / silver values.

We are not out in the boons exploring for this, we have this already, all identified on Sedar 43-101

And the real thing is, copper, gold, and silver are on our side. moly could use a leg up, but that's coming. 

The fish must have banged his head, maybe swam into a wharf piling. Ouch
Comment by fishmillion on Nov 16, 2020 10:49pm
Hi Copper.... you seem upset. If it helps im a shareholder too.. . And i want price to go up.... You did point out something i over looked when reviewing my algebra or rithmitic as the cool kids say.... it doesnt affect the numbers.... its still 14% of the entire company sold for aprox 1.06/ share.... but i forgot that the entire company also included the not just massive.... but super massive ...more  
Comment by fishmillion on Nov 16, 2020 11:15pm
Ok i went across the street and borrowed a better calculator.... whew... kinda cold out esp wearing just my undies.... ok. 20 billions lbs of the red valued at just 1 penny per pound is 200 mill... so 14% of that is 28 milll. Wtf?.... but then that makes gib and flo worthless..... okay maybee gib is a boat anchor..... no its gotta be worth something. I think 80 cents per share.... flo maybee 25 ...more  
Comment by 2024golden on Nov 17, 2020 3:10am
I guess we will see more clearly a year from now....if Flo gets built without giving up much share of production, and pretty safe to say Gib should keep on rolling along, and copper price stays above $3....where will share price be then?
Comment by marketsense on Nov 17, 2020 12:28am
From a fairly long term holder,  sadly I agree with the fish.   TKO sold 14% and netted $28M which in retrospect,  given the price of copper today,   and all the assets that TKO has under its tent,  was a giveaway transaction and a slap in the face to shareholders.   I honestly expected more than this out of mgmt and I'm more than a little disappointed.   ...more  
Comment by Johnsay on Nov 17, 2020 1:20am
If insiders and friends wanted to take a larger ammount of shares on the cheap is this how they would do it? If they buy on the market the shares would go up and this way the shares are pegged at a low price. They also now have $28 mil to spend on their bonus.
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