RE:My other stock firecracker, I have been following Taseko, but I decided to go with Copper Mountain instead. Taseko has more risk in my opinion. First, the Pollyanna pit, which they will be mining through Q2, is basically a mined out pit that had previously been abandoned. The only reason it is at all viable is because of the current price of copper. The Gibraltar pit, which will be mined starting in Q3, should have much better ore. So while Q2 should be better than Q1, it will still have relatively poor results.
The real future for this company is Florence. The risk there is the in-situ mining. There could be a permitting hold up because environmental groups always attack in-situ mining because they claim it will damage the water table. There is also a risk that it will not work on a large scale. Check out Excelsior Mining Corp. (MIN.TO). They are trying to do in-situ mining, and it has been a complete failure.
I will continue to watch Taseko, but I will probably not consider investing until late Q3.