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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 May 13, 2021 5:47am
263 Views
Post# 33189696

Re Re Re Re Re Inflation will destroy demand

Re Re Re Re Re Inflation will destroy demandAgain the taxation issue. You cannot predict 40% on your stocks. If you are going the capital gain declaration, it works like this. On a $100,000 profit, 1/2 is free on board, and the other half is added to any other income as earned income, and taxed at whatever bracket your total income from all sources finds itself in.

The risk here is that if you have been a heavy trader, and used the resulting profits for lifestyle, the government has the option to challenge the capital gains exemption and declare you a commercial trader in the business of profit, and tax all your gains as earned income.That cuts deep into FishZillion land. It's probably too late to be careful re all your trading swings you publicize

The only way to invest in bagger stocks is in the TFSA, trade seldom, never take money out for big lifestyle items. Remember, Mr. Trudeau hates the TFSA, and loves the RRSP, there's a reason for that. Those who know the rules, fare the best.
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