Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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.

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Taseko Mines Ltd

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Comment by golden007on Sep 18, 2010 7:51pm

590 Views

Post# 17465407

RE: big plans?

My take is not all that bad as they have 25 months to take advantage of the offering. If prosperity is approved the spike in share price will allow them to issue shares at a much higher dollar value therefor limiting dilution. Plus they don't need to issue all shares/warrents etc... at once. Don't get me wrong dilution is not really what I as a shareholder want to see, but this puts us in great shape to get prosperity up and digging!
Golden.

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