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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

Post by coppermineron Dec 15, 2020 10:13pm
167 Views
Post# 32115869

Hanging Tight

Hanging TightMS has it figured out. IMO the Florence is a done deal, only the details to be announced of who, what, and why, and the best direction we go. At steady $3.50 copper, the Floence worth around $1 Billion. Every .50 cents on copper rise seems to add about $320M 

So saying the above, the Florence is bagged and tagged, copper is way up, Gibraltar is on LOM production. We will do well, can't be hurt.

But the big one right now is the continuing talks at the NP, extended for 12 months. I  can't give up one share until a final decision is reached, one way or another. My gut tells me that it is NP time, we will see

So the talks take place over the next 12 months, all the while the Florence should be on mine build, with percolation solution returning to plant 90 days after injection. Looks like 56,000 lbs copper per month from the first well pod. This figure proved by the test well success of 1,000,000 LBS over 18 months
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