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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 Straiteon Sep 28, 2019 11:27pm
222 Views
Post# 30174604

RE:I stand ready

RE:I stand readyI think the irony here is that we may or may not go in a recession, plus the resources industry already discount a mild recession in prices. Interest rates have been bid as much as in 2008 and 2016. People have been selling-off cyclicals for a year and started buying gold, utilities and other defensives. I personally think it is not a bad time to start accumulating, starting with the higher quality companies (low op cost, low debt). Remember, the economic data (except industrials) has been ok. Trump will be motivated to achieve that famous trade deal in the not too distant future because if he does not, he risk not being the one choosing what is included in that deal and I do not think he would be willing to let that be chosen by the next president, whomever it is. Besides, it is not in his interest to have a recession. In the meantime, we have had a series of rate cuts across the globe. Last tid-bit, look at TKO seasonality performance: extreme positive returns in the october-february time period. Will this occur this year? Maybe, maybe not. Might be worth buying a little bit in case... keep in mind, this is a highly levered company, hence higher long-term risk. https://charts.equityclock.com/taseko-mines-limited-tsetko-seasonal-chart
Bullboard Posts