Taseko Mines Ltd T.TKO

Yaawwwnnnn

[Cognition777]

SP is basically back to where it was 25 hrs ago on less volume; the sky is NOT falling. Although, I do wish I had some powder left to burn.
Draft permit expected in June now instead of May... one month delay in the life of a mine is nothing, but it does seem like estimates by mgmnt are always optimistic, while their conservative planning (like puts) rarely protect profits.
In one breath, they keep our eyes focused on "if" copper prices remain at $4.50 levels blah blah blah... meanwhile, they spend $11M on $3.75 puts to protect against a H2 drop in copper prices.

[JCSunsfan]

Looks to me like some people jumped in hoping to turn a quick buck on the ER, but we're not long term investors and did not understand the whole story.   This ER is basically market neutral, which is what it should be--not a surprise, exactly in line with guidance.

[nofluff]

Quite positive in my opinion. The big thing was the huge resource increase program and expanding gib mill by a bunch. That is huge. Florence permit is looking close. The little down gap this morn is normal after a run up. We r headed to 3.00 cad soon. nf

[RobertC40]

no on the $11 M more like $800,000