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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 metalhead666on Jun 20, 2021 11:05am
188 Views
Post# 33417861

RE:My one and only copper play...TGB

RE:My one and only copper play...TGBI'll throw out one other idea...WRN...Western Copper and Gold....Rio Tinto is sniffing around and has invested a sizeable chunk of change.  They may well make an offer for the whole company. WRN has a couple of catalysts too...their updated PEA out this week and an updated Feasibility Study by year end.  It's a huge project but very low grade in the middle of the Yukon wilderness. I'd never touch it if it were a stand alone gold or stand alone copper project as either alone is junk.  The capital cost to build this is going to be 3 Billion or more....but, it's freakin huge. The economics are there if someone is willing to pony up to build it but that's a very short list. Rio is in the hunt. My best guess is that Rio will make a bid....$3 maybe $4 per share. The dreamers on the WRN board think it's worth $10 but they don't understand that it's worth ONLY what a Rio is willing to pay for it....if they're willing.  So at $2 US with a 50% to 100% upside it's worth a few shares now.  Worth it to see what the new PEA and Feasibility Study say as the first ones are many years old...a lot has changed since they were first done.
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