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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 > Reality Check
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Post by JoeStockIQ on Jan 05, 2021 3:56pm

Reality Check

Most people on this board have been here for at least a few years, many much longer. Who remembers, not too long ago, when the Taseko share price more than doubled from roughly $1.10 US to slightly over $2.50 US in a matter of months. What was different back then? The price of copper was less than it is now and Florence was far away in terms of progress from where it is now. Does anyone here wonder why the share price is mired in this rather paltry price range? Something is amiss, don't you think? Snuggly Fluff Bear thinks management is building trust. Be a realist and ponder the current situation. Why is the share price not going much, much higher? Trust is the answer. Rather, lack of trust is the true answer. Not trying at all to shake anyone off or their positions, merely pointing out why many take profits ala swing trading a percentage of their total position. Let's all hope management gets it right this time. We should all know by the end of this current quarter after they release Q4 results AND if they stay true with announcing final Florence permits with accompanying financing package. Will Taseko shoot up to last cycles high of $2.50 US / $3 CDN or will they shoot themselves in the foot?
Comment by JCSunsfan on Jan 05, 2021 4:14pm
This company has a bad habit of negative surprises on earnings. No news is usually negative news.  When they have something good happening they warn ahead.   Also, one of the differences between now and a few years ago was the NP lawsuit was still ongoing.  So NP was still priced into the evaluation a little bit--not much but a little.  NP is completely disregarded now ...more  
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