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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 KentWilkenson Mar 11, 2021 4:06pm
145 Views
Post# 32778266

RE:RE:RE:RE:RE:RE:Q1 thoughts?

RE:RE:RE:RE:RE:RE:Q1 thoughts?

Joe, I hear you, been there, done that. 

And no, I would not be banking on anything, but we are not in this for a wee jump, better places for our money for that, but the long game which make bank rates look like the joke that they are.

On the low side, I would put CU @$4US over the year. That will give TKO some very good quarters, gathering steam into the fall. The Problem as we know with the share price, one of which is perception, and the market only rewards the actual nickels in the bank, nothing for what is in the ground. So my spin is that once we get solid quarters, nickels in the bank, Florence coming on stream, and CU holding if not moving higher, then we see some valuation for what is in the ground and infrastructure as well, right now that this just about 0.
 

but, that is just my spin, and I am not making any predictions other than that you have made a very conservative prediction... ;)

KW

JoeStockIQ wrote: Well Kent, first, not banking on $4.75 US copper prices. If it happens, great, but can't assume as such. Second, this is Taseko we're dealing with. Until the market gives the company any street creds it's hard to assume a spike like ascent price wise. Third, it's Taseko we're dealing with...oh, said that already. In the end, one needs to be conservative in regards to predicting share price until the market wakes up for a prolonged period. That will take several positive earnings reports / quarters in a row. 2021 Q1 will not be overwhelming in any matter, considering current market conditions. As previously stated, H2 is when momentum will likely get going. Hey, hope the $3 US prediction ends up being way low for all of our sakes...especially that Cueball Cuey guy. 

 

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