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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 WyleeCoyoteon Jan 14, 2016 4:41pm
104 Views
Post# 24459601

RE:RE:RE:Circular

RE:RE:RE:CircularAmen, Herb!  The HD fees always gave me heartburn, but the Curis/Florence purchase was too much to take.  From what I could find, looked like an HD bailout.  And then having reviewed all of the legal issues surrounding Florence Copper, we simply bought another Gibralter.  (Not that Florence Copper COULDN'T be a great project if the legal issues were resolved, but those issues are significant, and carry too much risk). 

I've been hoping Ireland would be pounding the table.  Best theory is that he sold part of his position to Raging River (RR has never been on the ownership list, so I can't believe Ireland didn't move this position to RR).  Interestingly, they are asking for 4 new directors.  Add Ireland to the list and they now control the board.  That's got to be the end game.

And this is the first time in 20 years that I've learned how much HD owned.  I expected/assumed that it was a significant position, so I always felt that they were incentivized to enhance value.  To learn that they have 3% is infuriating.

Fingers crossed for us shareholders . . . .
Bullboard Posts