Sell TKO a total p@sNo Fluff equals no brains He keeps pumping and there's nothing bright for this dog Lundin says sell Taseko Mines 2015-06-13 02:28 ET - In the News Brien Lundin, in the June, 2015, edition of the Gold Newsletter, says sell Taseko Mines Ltd., recently 86 cents. Mr. Lundin said buy three times between December, 2003, and October, 2007, at prices ranging from $1.48 to $5.16. He then said sell in December, 2007, at $4.93. Assuming a $1,000 investment for each of the three buys, selling the $3,000 position yielded a $3,955 profit. Mr. Lundin said buy four more times between August, 2010, and September, 2013, at prices ranging from $2.15 to $4.22. Assuming a $1,000 investment for each of the four new buys, selling the $4,000 position at 86 cents would yield a $2,952 loss. Taseko lost $25.2-million on revenue of $61.8-million in Q1 2015, compared with a loss of $9.14-million on revenue of $104.99-million in Q1 2014. Mr. Lundin says a weakened copper price and below-average head grades made the company's Gibraltar project in B.C. decidedly unprofitable. On the bright side, the company brought in $17.4-million from the exercise of copper put options, and has taken out more to hedge on copper prices. For all of 2015, Taseko expects Gibraltar to produce up to 140 million pounds of copper. Still, Mr. Lundin says this is definitely not a stock he would chase at current levels.