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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Metals & Mining Industrial Metals & Minerals
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 > JV economics
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Comment by WyleeCoyoteon Feb 12, 2021 11:47am
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Post# 32552687

RE:JV economics

RE:JV economics"He noted that the market moved in recognition of that valuation from the JV partner."

Hiliarious, and 100% true.  The share price was US$6 at the time, and it immediately dropped to US$4 upon the announcement of the sale of 25% of the mine.  We were all shocked and dismayed at the time.  However, Russ advised that the basis for the sale was to raise sufficient cash to start constructing Prosperity since the permit was due at any moment.  And we all know how that forecast turned out . . . .
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