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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
Post by beelzeebuub1on Sep 20, 2018 11:18am
59 Views
Post# 28655583

Don't look now but !

Don't look now but !
Lots of positives for copper, a great late-cycle play here..and once commodity inflation starts kicking in, the materials sector will outperform the broader equity space which appears for the most part to be  overvalued with the exception of the beaten down materials space that has not participated in the broader market rally..  Copper producers in politically safe jurisdictions and reasonable balance sheets should do well. My only reservation here is the company is carriying more debt than it should and hopefully it is paying down debt as quickly as it can.. updates are coming and I see this company as a good defensive hold for the next quarter at least..  which, I admit is counter intuitive but I think folks here will be happy holding this issue if they purchased for a buck or less a share..    This is a nice entry point for value investors IMHO as the intrinsic value of this company is higher than the share price !!   GLTA.. do your own dd.
Bullboard Posts