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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 JCSunsfanon Nov 13, 2020 10:38am
123 Views
Post# 31894731

RE:Re 1 small positive

RE:Re 1 small positive

Guys.  You know I am long on this company and have been for a long time.  But this last move is really disastrous IMO.

Simple question.  If they had to sell 10% of the whole thing for $30 million, how much of Florence do they have to sell to build?  Potential investors in Florence are in the wings right now.  They are watching.  They know what 10% got this company.

TKO cannot do more debt.  They are leveraged too much already. 

Bullboard Posts