Taseko Mines Ltd T.TKO

Price Protection

[copperminer]

KW, you are not getting it. The Florence advancement is now secure from the downside. That is Not a Blither. It wasn't too long ago that copper was just over $2.00, and now $4.00. There is no guarrantee for the price of copper to remain at $4.00 thru 2021. If it dropped below $3.00, it could hurt us. Now there is no downside, it is our show. Shows cost money. A few million to protect a world class copper mine thru to production, are you kidding???

I bought enough shares to speak my mind, and will do so [ without name calling or personal attacks. ]  Come to the AGM's and speak your mind, where things can be openly considered.

[nofluff]

So yesterday a 30 day put at 3.93 cost 9 cents a pound. A 3.93 put cost 14 cents. So 10 cent drop reduced cost by 5 cents for 1 month. The reduction curve would be increased every dime. So my guess is about 4 million for 6 months. But cost would b nice to know at the mushroom farm.  nf

[KentWilkens]

Good analysis NF, although we have no clue when they bought the puts, so could guess they did when cu was 4.20, real cheap puts, or could guess when cu was under 4, more expensive, that they did not divulge either timing or cost, they were not cheap, why they didn't tell us, but that is just the mushroom talking, they are mushroom managers, no need for us to know or even speculate on such

[nofluff]

A 4.03 put cost 14 cents. Hope thst was your error and not mine.  Just one mushroom to another. If I were miner, I would b carefull with those chocolate coated donuts at agm. Juss funnin wit cha miner. We kniw u would like the coating any way it was served:))) nf