Taseko Mines Ltd T.TKO

Gents

[copperminer]

Can we not give Taseko a break. After years of struggle, we are on the cusp of being a two mine company. And with a near doubling of copper production, a difference in the two C1's effectively doubles us. What other miner can say that? Friends, just a little more time cm

[JCSunsfan]

Cop.  I don't know about you, but I am investing to make money, I am not a charity.  This management team has screwed the pooch so many times, and in ways that have totally surprised investors, I think we all have good reason to be a bit fearful right now.  I have a LOT of money invested in this company and I expect some level of competency from management.  They screwed up

[nofluff]

My prob is the pp. That was 12% of all 5 deposits. So 6 million cads per deposit. So call it 6 million cad for 200 million pounds of high grade copper for 12%. That is about 3 cents cad a pound. We spent 10 cents a pound getting it to this stage. A straight transfer of massive wealth to someone. So what will financing look like? That is what decides some of tko sp. No one giving them trust at

[nofluff]

So jc. Where dud tko say they r going to screw up q1? The last release they said throughput was above design and grades were getting better. They did 23 million on 1rst pollyana ore. So 31 million should b doable q1. The q 4 strip should be very high. But hauling will be low lift cost so q4 generated some free cash I believe. 200 million ebitda for 2021 should give tko a sp of 6 cad without

[nofluff]

So, forgetting the luducrous pp for a bit and looking 4 a positive. What happens to sp if copper goes to 4.00? If q1 delivers guidance then tko should gain some trust and 250 million ebitda should give sp a 7.00 value. What happens if a jv payed 50 cad cents for 500 million pounds copper or 25% of florence? The 1.5 billion pounds left for sh gives another 3.00 sp value for 10 bucks. Also a buck

[JCSunsfan]

Fair question NF.  Guidance for 2021 was lowered so I extrapolated from that.  I reduced my position last week when I had a cooler head.  I am ticked a bit after Monday's release, and I don't make good decisions when I am angry, so I have not sold anything else.  I have to cool down a bit and re-evaluate.  

[JCSunsfan]

It was probably time to rebalance my portfolio anyway.  I was WAY overweighted with TGB.  

[nofluff]

Yes jc. Anger causes a lot of prob. Irritation can cause us to re evaluate though. My respect for tko management has all but been lost. However, I know the insitiu value of tko pipeline. So I do not throw the baby out with the bathwater. When I sold 10% of tko, I had a much better place 4 the cash.  The ceo of copper bank says copper will quickly head to north of 5.00. So tko at least

[pokinfun]

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[metalhead666]

I hear ya. But given that every wind for copper and copper miners is now a tailwind they'll do just fine.  The prize is when Florence is running at full capacity. Copper could be $5 and we would be printing money.  Patience will be rewarded.