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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 > Reclamation Bond
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Post by scramblin8man on Feb 25, 2021 1:27am

Reclamation Bond

The 230 million Florence build includes the cost of the bond and operating capital. Taseko has the funds to build Florence. There was nothing in the reporting that was a surprise on the downside. No idea why it is down in the after hour trading. I thought I was done buying Taseko but I will buy some trading shares tomorrow.
Comment by JCSunsfan on Feb 25, 2021 1:41am
I think the erroneous seeking alpha story might have some impact.  Yahoo's numbers seem a little funky too.  Kinda lost respect lately for finance journalism.  After hours trading is influenced by very few.  I think we end up positive tomorrow, but what do I know.  I am always wrong in the short term. however I am patient.  This eventually can only go one way.
Comment by scramblin8man on Feb 25, 2021 5:18am
agreed JC. If Taseko management would give up on doing a joint venture on Florence and the last permit comes through we are at 5 cdn in no time. Reading between the lines the permit could be a while yet. I have never seen a board like this one. Nobody sleeps.
Comment by 2024golden on Feb 25, 2021 7:54am
With Gib banking 20M+ per month ebita all this year there should be absolutely no financial reason to jv Florence.  Say Flo starts const mid year....will be in production late 22. Could Yellowhead be permitted and ready to start const early 23?? 
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