Taseko Mines Ltd T.TKO

correct me if I am wrong

[nofluff]

So we had a metals taker that had commited 50 million us. for 5% upon permit isseu. To good to b true!!   looks like it was all a con. Can some one please correct me.

nf

[JCSunsfan]

https://www.tasekomines.com/investors/news-releases/taseko-and-mitsui-enter-strategic-partnership-to-develop-florence-copper I think this is what you are talking about.

[nofluff]

I believe so. I believe stu said mitsui deal is a go. If it is, then they r valuing flor at 1 billion u.s. dollars plus debt of 300 million,  upon reciept of permit.  So on flor alone, there should b a 5.00 cad. sp. If copper keeps climbing, gib could b worth something and other deposits as well. Sp. id headed the right direction. nf

[copperminer]

Nf, looks like you corrected yourself. Can't believe you used the word " con " in a post about Taseko.  Referring to our sp and proposed sp, when the Florence comes on the line, just watch what will happen. At $1.11 per Lb cost and even a lowly figure at say $3.10 of selling per Lb, and at 85 Million Lbs per year, look at the numbers. Remember the golden formula---    

[nofluff]

Hey miner. At best I get a 2 bagger over the next 2 years at current metrics over my sell price. I am rooting for tko. The word con was used to ask for correction. Jc humbly provided guidance. You can not b a very happy man always looking for the bad. I wish u the best. nf

[JCSunsfan]

MItsui deal is still in place.  $10 million due in cash immediately on approval of permit. $50 million in cash inflow from MItsui this quarter. 

[JCSunsfan]

So.  Those who are thinking a buyout is still a possibility.  The Mitsui deal places somewhat of a market value of Florence at $1 billion.   NP, Aley, and Yellowhead have some value.  Not sure what given the stage they are at. $150 million maybe? Historically Gibraltar had a market value that shifts witht he price of copper significantly given its high c1 rate. 

[copperminer]

Anything is possible in terms of M & A's. What is remotely possible is another similar fractured copper deposit available for mining as the Florence. Taseko, a bag full of wildcats, lucky us. cm

[JCSunsfan]

Overall market conditions and copper price have been holding sp down.  I still think there could be a recession coming.  Inflation is based upon lack of labor and too much cash out there.  No amount of interest tightening will solve that.  People who want jobs have jobs and they are demanding high wages.  So spending will continue. This economic situation is a huge tax on