Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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.

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Taseko Mines Ltd > Get the land

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Comment by JoeStockIQon Dec 07, 2020 2:06pm

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Post# 32050685

RE:RE:Get the land

WyleeCoyote wrote: Copper, I'm happy to hear anything you have to say.

But here's the deal. Exactly what is RR going to do, run us into the ground? Oh wait, we're on the ground . . . .

The points RR make are the exact same points that we've been chatting about on the Yahoo board for years and years. The Curis deal stinks. Several of our directors made a pile at our expense. There's simply no excuse for that. None. We'll never see Florence in operation. At best we see a test plant in 5 - 10 years. I see no logic whatsoever in flushing money for a test plant on a mine that we'll never see. And what if the technology doesn't work? What if the technology works but we have groundwater problems? Then what? It's one thing to inject in the middle of the desert. It's another to inject near residential properties. Every time the wind blows we're going to be accused of contaminating something. We've now got well over a $100 million tied up in an acquisition and test project, and now we have a contamination liabiliity.

And best case, the test plant works. We'll still never see a full-scale mine unless the planets totally align. And while we're chasing that dream, we've got Gibralter and the potential for Prosperity right in front of us.

And that's just Florence. We haven't even talked about Aley. Have you guys researched Niobium? Please do and report back. One supplier control 92% of the market. Think that Brazilian supplier is going to let us walk into the middle of their party and take business? Unless we can crush them on price, that's a losing proposition. If we can't compete on price, they'll drop the price until we break.

At any rate. Yes, there is a risk that RR could go bad on us. But I'll still trade out the current team that I know for certain has sold us down the drain. At least I can say I've had a thoughtful conversation with RR. As to our team, all you'll get from Brian is "good things are about to happen." I'm still waiting for all those good things . . . .

The Curis deal stinks (do you still think so?).....We'll never see Florence in operation (still think so?)...At best we'll see a test plant in 5-10 years (built, operated and proved successful in 4 years)....We'll still never see an operating mine even with a successful test unless the planets align (still think so?)....all Brian says is good things are about to happen (looks like he is going to end up right, don't you think?)

All your words ACME character (one must be if a certain age to understand that). Question is, what do you think now? Was Brian right? Are you on board with management now? Was Florence a mistake?