Bullboard - Stock Discussion Forum Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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

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Taseko Mines Ltd > share price

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Post by nofluff on Feb 18, 2021 12:44pm

share price

Looks like is following the gyrations of copper. Without florence or rest of pipeline gib is on course for 300 million cad free cash. Times 20 multiple is 6 billion. That us 20.00 cad per share without pipeline.

There is a tad disparity here.

nf

143

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Comment by JCSunsfan on Feb 18, 2021 1:59pm

The market does not care much for fundamentals right now. Gamblers are looking for unlikely turnarounds, short squeezes, and quick cash. The new generation of Robinhooders are gamers who treat the market like a game. They have the attention span of houseflies. The last time I saw this kind of ridiculous speculation in the market was 1999--and I was one of the foolish young ...more

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Comment by JCSunsfan on Feb 18, 2021 2:04pm

I would be happy with a multiple of 10. Baby steps. Of course, with Florence, that more than doubles. Gotta be a big eyeing some sort of takeover. It would just make sense.

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Taseko Mines Ltd