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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 goldylocks1on Nov 09, 2011 5:38pm
265 Views
Post# 19224047

RE: RE: An Outrage for Shareholders

RE: RE: An Outrage for ShareholdersChileanmafia.

I think it's a little more complicated than just talking to the FN. They have stated that they will never support Prosperity. And Taseko mgmt has stated that they have tried to engage the FN in discussions but to no avail. IMO, if Properity gets rejected, its not going to be considered again until either 1) there are new people in charge represnting the FN or 2) there is a new company that owns Prosperity and metal prices allows a buffer to allow even more costs to the project (ie. a drastic change in planning).

Do you honestly think new management for TKO would cause the FN to change their mind and start having discussions??? I dont. Just my opinion. No offense intended.

We'll see soon (my guess is in a half hour after US market closes) just how Gibraltor is doing, and there's still Aley so there's a lot more to this company than just Prosperity. TKO will move ahead if needed.
Bullboard Posts