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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

Comment by WyleeCoyoteon Dec 07, 2020 1:38pm
89 Views
Post# 32050428

RE:RE:RE:RE:RE:RE:RE:Potential Hunch

RE:RE:RE:RE:RE:RE:RE:Potential HunchYep, like your optimism on Tesla.  I'm a big fan.  I'm currently on the pre-order list for the cybertruck.

At this point, I'll be relieved with final permits and a reasonable financing deal.  The recent PP left a bad taste in my mouth.  It's completely illogical unless there is a current need for cash for operations that they didn't disclose in the last conf call (after confirming that capex was going to be normal for 2021).  Which makes me think that something new (and not good) has come up.  Otherwise, as everyone has already pointed out, why do the pp prior to Florence permits being issued?  I'm not a fan of current management, but I never took them for being completely stupid.  So until we get some clarity on that, there's going to be a cloud.

At any rate, and on a positive note, I've been following the recent Florence elections.  Looks like they've got a solid majority in place who want to end the litigation, so that's encouraging.

On another frustrating note, I noticed that Russ and Brian were granted in the money options a few weeks ago.  450k for Russ, 100k for Brian.  I haven't checked their annual compensation in many years.  Maybe they are way underpaid and the options are a bargain.  But I doubt it . . . .
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