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Bullboard - Stock Discussion Forum Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley... see more

TSX:TKO - Post Discussion

Taseko Mines Ltd > Re Clean up Responsibility
View:
Post by copperminer on Dec 11, 2020 2:16pm

Re Clean up Responsibility

So the discussion goes on re the purpose of the PP, and without any supporting facts for the various opinions. Some say existing shareholders should be first in line. There are approx 5000 SH'er accounts, $30,000,000 div by 5000 = $6000. each account. Fat chance of that, and look at the logistics of time & SH'er intentions. The last thing Taseko needed was a bunch of mussy fussy providing financial capability. Had to be in place before permit issue. Clean, Lean, and Mean. Move ahead

What kind of an insurance company would get in front place for a mine clean up for a retainer. You can bet Taseko looked all that over.

People are forgetting that back when we were raising money, Taseko applied to the BC government for release of a mine clean up cash deposit re Gibraltar, from memory, about $30,000,000 was released back to bank.Mind you, we had won Enviromental Awards.

The whole issue to me is moot because when we get the Florence in operation, making 185,000,000 lbs copper [Gib&FL combined], we can easily buy those shares back if SH'ers wish. Yes, and we will pay more, but look what we will be making. What if Goldy is right re future copper price thru 2021 

NF has gone into full train derailment since Nov 11, I don't listen to it. Taseko has never done better than now. A new shareholder reading this present board would never know how magnificent we are doing.
Comment by nofluff on Dec 11, 2020 2:23pm
I respect your right to hype miner. I will continue to evaluate facts. nf
Comment by nofluff on Dec 11, 2020 2:30pm
I have no respect for wgat u feel is your right to insult and intimidate anyone that disagrees with you. nf
Comment by 2024golden on Dec 11, 2020 3:40pm
Just a couple points... The pp sale is a dead issue, extremely poor value to shareholders in exchange or 12% of TKO...no more like this please. Just like giving the company away for pennies. EVERYONE keeps adding up $$$ with 85M lbs from FLO, will likely be closer to 60M lbs for TKO...balance to jv partner for the next 20 years! TKO is doing magnificent when shareholders accrue value....we are ...more  
Comment by JoeStockIQ on Dec 11, 2020 4:33pm
If it's a dead issue, why do most here keep harping on it here day after day?
Comment by 2024golden on Dec 11, 2020 4:39pm
seems like attempts to justify a terrible sale...maybe miner is really BB incognito lol
Comment by RobertC40 on Dec 11, 2020 3:55pm
"would never know how magnificent we are doing"...... Miner you sound like Trump ;))) ...oh boy that one stings, hehe .... (your still allright, keep us hoping) I'm afraid that @#$! pp will hang over us for a long time.....even the second permit would be muted if it's within a few months of this damn pp. We would need some BIG news to wash of this stink. And you know how they ...more  
Comment by sclarda on Dec 11, 2020 4:56pm
Poopperminer wrote  So the discussion goes on re the purpose of the PP, and without any supporting facts for the various opinions. Some say existing shareholders should be first in line. There are approx 5000 SH'er accounts, $30,000,000 div by 5000 = $6000. each account. Fat chance of that, and look at the logistics of time & SH'er intentions. The last thing Taseko needed was a ...more  
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