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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 greenpastureon Mar 28, 2009 8:23am
752 Views
Post# 15878765

RE: RE: Not too bad . . .

RE: RE: Not too bad . . ."The  POC at $1.80. 19 million shares dilution seems a small price to pay, 90% of Phase 2 expenses behind us and if it takes $25 million to take us to the next level, let's do it."

Agreed.. not sure why some are upset when some can raise cash in these markets. These are not dumb people that will lay out cash when cash is tight if they did not think they could recover 1-3 times their investment. Expect some resistance in the 2.50 area but if prices firm up to the 2.00 area, TKO will do just fine as it moves into the next level over the next few weeks. The only thing that will stop TKO is the overall market diving again. Inflation will drive up copper prices more than demand in the next few years so I feel comfortable with TKO and ML and a few FM at this point in time. If the DOW cannot move to and hold gains in the 8000 -8500 range, will have to revaluate.
Bullboard Posts