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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 agoldbloomon Nov 02, 2010 9:01pm
414 Views
Post# 17648381

RE: Now you know

RE: Now you knowI agree.  I feel bad for current holders, but at least this was a risk that was in the open.  As far as recovery in share price, holders should thank their lucky stars that the price of copper is high and is holding up.  NGX, Northgate minerals hasn't recovered from the Kemess North rejection, and this is several years after the fact and gold is above $1300.  They started talking about doing some kind of underground deal, but I suspect that was depending on using Prosperity as a proxy to influence the gov't decision making bodies.  Hopefully, there is a way to get the opposition groups to reconsider their position, which may cost some money, but at least it will get access to the resource sometime in the future.  There was some other company involved with prosperity as well right?  Was it Franco Nev?  Sorry, I haven't been keeping up with this deal after getting burned when they announced the environmental panel decision.  That might be a stock to take a look at tomorrow IMO.
Bullboard Posts