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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 dcjones4396on Apr 13, 2019 1:23pm
62 Views
Post# 29622998

RE:RE:RE:The fanatics

RE:RE:RE:The fanaticsThey had to reoutfit the entire mine in order to get performance on a par with modern day mining. Throw in other project costs and there you have it. While debt is never fun to deal with, it is an obvious necessary evil. I don’t view their debt as a huge problem. They have Gibraltar producing as expected, Florence “on time and on budget” and Yellowhead in the dugout that they picked up for peanuts. Remember, their notes don’t come due until 2022, more than ample time to pay some down and then roll over the rest at better terms. With $3 copper, I think this should be a $5 stock. If copper goes over $3.50 and Yellowhead goes into production in 3 years or so, look out...In the end, as of today, my view is this company has a great chance to be a 10 bagger at very little risk at this ridiculously low current stock price. Get it while you can, I think we only have 6 months of bargain time left. Maybe less. 
Bullboard Posts