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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 > Copper shortage in u.s.
View:
Post by nofluff on Jul 28, 2021 10:25am

Copper shortage in u.s.

Lme has a nice cushion. So ncu agreement is be able to keep there metal in country if they can find metal in europe.

That and flor should help. 

nf
Comment by nofluff on Jul 28, 2021 11:07am
Bhp has made final offer to there escondida miners that has to b voted on month end. That could pull a lot of copper off market. They produce 100 thousand tonnes per month. If they strike, copper goes to 6.00. It does not come down for a long time as markets r balanced so suppy gain would b unlikely. Happy guessing. nf
Comment by dcjones4396 on Jul 28, 2021 12:08pm
Hey NF, while I agree with you that copper prices will spike upon a strike, I doubt that happens. However, doesn't really matter much as you are again correct that Taseko is going to do just fine with $4.50 copper (or even $4.25). I remain steadfast in my belief that the big boys are playing with the share price until the end of September, when the final draft permit will ultimately be ...more  
Comment by nofluff on Jul 28, 2021 1:54pm
Lots of guessing. We will no about strike by saturday. I am guessing final draft before sept.  Getting close to q2 release. Nice tko up day. nf
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