Taseko Mines Ltd T.TKO

Silver stream?

[JCSunsfan]

So, with this 12.5% repurchase agreement, Taseko is also getting back 12.5% of the silver stream.  When they got this back last year, they resold the silver stream to Osisko for $10.3 million plus $50k per year.

I have been digging around, based upon Osisko's site, the silver stream from Gibraltar is about 266,000-300,000 ounces a year total.  That puts the 12.5% silver stream at about 35,000 ounces of silver a year--$1 million plus in value per year with silver at $24 per ounce. 

So just the silver stream pays for about 25% of the repurchase payment of $4 million annually.

[nofluff]

Well jc. Market is real excited about that.:))  As I said. Consolidate at 2.50 cad per unless copper moves. Well, copper moved. Now, 3.00 cad consolidation. Good sign I think. Just relax. Big money is coming in:)) Nf

[JCSunsfan]

The silver stream is a detail worth noting.

[nofluff]

Do they need the cash now?? They r in the mining business. The stream buyers r not in the buying to lose money. With copper silver and gold all looking good, they might just want to hold. Best guesses wins:)) Nf

[gordo323]

New Agoracom Video New Agoracom video: The Billion Dollar Class Action To Stop Naked Short Selling In Canada https://www.youtube.com/watch?v=AvI1H0IsHnM Naked Short Selling has cost Canadian junior mining companies $40 Billion - and that number balloons to over $500 Billion when you include all Canadian small cap companies - according to Terry Lynch. Terry Lynch is the CEO of Power Nickel and

[JCSunsfan]

That's a valid question.  I think it would make more sense for them to have all of the silver stream or none of it.  Since they sold the last 12.5%, I assume that will be their inclination now.