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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 16, 2020 4:01am
233 Views
Post# 32116486

Re Re Re Re Hanging Tight

Re Re Re Re Hanging TightDCJones, Qtr4 is partly subject to weather, haven't heard any bad news there. The Bond interest is due in Qtr4 I believe, something to deal with, one must be prepared.

On the plus side it was stated that at the end of Qtr3, we had mined 98M lbs to date. It was also stated that 130M lbs, plus or minus 5% was guidance for 2020, and to expect towards the high side. So maybe 34M lbs mined in Qtr4

The average copper price for October was $3.05
The average copper price for November was $$3.20, and so far Dec $3.51

We sold our Qtr3 copper at $2.96 over about 28M lbs [memory]

As long as I see Taseko expanding copper production by other mines, I sleep like a baby. Taseko is the greatest miner I've ever seen.Their plans are phenominal and they are doing it. Remember what Russ said earlier this year, "one day the NP will be mined."        This is all I know, just Lov'in it all.
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