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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

Comment by dcjones4396on Mar 02, 2021 3:38pm
102 Views
Post# 32697379

RE:Weakness

RE:Weakness
fishmillion wrote: Ramnabam a bing bang boom... time for the dip in to this sheeeat show.... 2.18.... looking for 20 points then will reevluate....hopefully tko can start to find out how to get out of a wet paper bsg.....geesh these guys are so predictable..... 4.2 copper and still a depressed sp.... rusty .... rusty.... rusty.... btw all you old keuntwilkins over 70 are on ignore

Being that I'm under 70, maybe I'm one of the "lucky" ones you don't have on ignore? If so, I feel very fortunate. That said Fish, it's obviously going to take positive Florence news and a few Q's of better earnings reports to move the share price substantially higher. Most here realize this to be the case. The main difference between the longs here and yourself is that we believe such a scenario will ultimately play out with very positive Florence news coming sooner rather than later. You like to play the quick game, nothing wrong with that at all. You also play the valuation angle, nothing wrong with that either. However, as I type this, share price is currently $1.77 US and it closed at $1.66 two trading days back. Obviously a nice copper up day is contributing but the larger theme is that the majority of negativity is now behind us. Do you still doubt that Florence is going to be a game changer? How about sustained copper prices of over say $3.50+ US for the next 2-3 years, specifically as it pertains to Taseko share price? CMMC, CS, NCU and the like have for sure made some significant gains and probably have sustained legs to run higher but on a percentage basis I see Taseko returning higher results from this point due to everything laid out above. You missed the run up from $1.40 - $2.05 before the negative Q4 report came out but did well on your other plays which is great but I still see your major miscalculation as your continued negative views about Florence. Time always tells but I'll never understand how, at this point in time with what we know, you continue to miss the paramount importance of Florence being the ultimate game changer for this company moving forward. At any rate Fish, I wish you well with your investments as I do everyone else here. Your skepticism of management from past missteps is well grounded but they're not going to screw Florence up from everything that I've seen to date.
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