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.

TSX:TKO - Post by User

Taseko Mines Ltd > florence valuation

<< Previous

Bullboard Posts

Next >>

Post by JCSunsfanon Feb 10, 2021 6:04pm

204 Views

Post# 32532609

florence valuation

Just something that is not often mentioned. The 1360 acres of property that makes up the Florence project is worth roughly $100 million JUST AS RAW DIRT without mining rights That number will go up significantly as the area around it develops. Most other developed areas in Arizona have acreage valued at $200,000 USD per acre and more. Over the life of this mine, with inflation, and city expansion,

Because of the type of mine this is, the acreage can be sold for residential or commercial development after the mine life is over.

Right now, just the raw dirt value of the Florence project is 25% of Taseko's market cap.

Its value in 20 years will likely increase 10 fold or more.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"