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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.


TSX:TKO - Post by User

Bullboard Posts
Comment by silvertonon Mar 12, 2009 8:48pm
461 Views
Post# 15841508

RE: Glencore

RE: Glencore

Remember the lawsuit that TKO won with Glencore.  A lot of  dollars spent in the fight, by a junior miner, that had the balls to stand up to a big player like Swiss based Glencore.The decision landed in the Courts of Europe, in Glencore's backyard. TKO won in a TKO against one of the largest mining conglomerates around.

The civil unrest  in Zambia, and other copper miners in  3rd world countries, only adds value to secure assets in Canada. The LME copper inventories way down with China buying. Copper miners failing in the lands of minimum wages.

The major infrastructure rebuilds in the U.S. and China will only fuel the price of copper.

On a different subject, what's up with III. No shares trading, low share float, drilling up good copper-gold assets and owner of Red Chris property in the NW of B.C. Former takeover battle between TKO and Imperial Metals, jmo TKO has won this one so far,it has the same issues as Prosperity on the land claims issue and lack of a power line or conviction on the part of the B.C. Gov. to finance it. Know that shares are tightly held by a certain individual, what are the chances of a takeover here?

Markets up, but I think we have one more turn down. Then lookout. jmo.

Bullboard Posts