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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 Jul 08, 2021 11:53am
200 Views
Post# 33514655

RE:RE:RE:RE:That's better

RE:RE:RE:RE:That's better
Cognition777 wrote: Annual guidance is completely within reach. Production H1 = 49M lbs, H2 could be 74M lbs... totalling 123M lbs.

1 month in Polyanna made a 20% difference over Q1 production - from 22M to 27M lbs - and extra 5M lbs per month over Q1 equates to 37M lbs in the next 2 quarters...
 "In June, mining operations transitioned into higher-grade benches in the Pollyanna Pit which resulted in a 20% increase in copper production over the first quarter, in line with management expectations."


While I appreciate your confidence, I can't remember back to back 37M Q's in quite some time. In the end, all this means is the norm whilst investing in Taseko. Most of us believed our share price would hit $3 US after the permit approval and we would never look back from there. I can just about guarantee at least 80% of the posters here had that belief. But alas, we are meant to wait another 9-12 weeks before this process commences.And, unfortunately, 12 weeks hence probably starts us off from the $2.50 US region as opposed to $3. Long term remains positively intact but they are the masters at making us wait.
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