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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 Riggedmktson Oct 31, 2018 9:43pm
74 Views
Post# 28905550

RE:RE:RE:RE:whoah

RE:RE:RE:RE:whoahWell, I don't think one should invest in Taseko based on their shareholder communication skills ;) Their (mis)handling of communicating the fire's aftermath was enough of a proof.
Good Q3 production that will eventually show up in their cash balance. So-so Q4 guidance, but at least we have visibility. Don't know the mine plan, probably fair to assume 130mm lb Cu and 2.5mm lb Mo for 2019 and add USD50mm in the bank after capex and debt service. Good progress on Florence. WTF re: Aley? Nothing about NP.  Overall, a mixed but slightly positive bag. With the enterprise value (equity + net debt) at half the NPV of the Gibraltar's cash flow, as long as the management doesn't make some very bone-headed decisions or BC goes up in flames, the value is here. JMHO.
Tomorrow morning's call should be interesting.
Bullboard Posts