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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 KentWilkenson May 14, 2021 10:35am
160 Views
Post# 33203048

Cu chart tea leaves

Cu chart tea leavesThis is how I read the technicals on cu. First fundamentals. Demand still is good, not just cu but others. Supply at warehouses continues to drop. Ok, reading the chart. 1 day, choppy 5day, trending down ( until it changed) 1 month, current pattern similar to April 26, pause before upswing 3 month, current pattern identical to April 21, next leg up pending 1 year, easier to see the wave patterns, up, break, up, break, spacing is consistent, short term correction was due, easy to see. 3 year, same story. How long this correction takes is not known, ever, depends on fundamentals. Technicals read the more human nature issues, patterns of buying and selling, sentiment, fear, greed, throw it in the swamp and you get wave patterns. KW
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