RE:RE:RE:Taseko Sell Harmony Gold Project nofluff wrote: Yes!! This is great news. Totaly unexpected. 15% retention carried to production. This is a huge high grade system. I will guess a million plus per day at smelter. So tko gets about 100 thousand per day on 15%.
2% of 850 thousand per say is another 17 thousand. So at least 100 thousand per day. 36 million per year. Should b good for a buck or to on sp.
Maybe 50 cents right now. I think we paid about 20 million. Maybe only 2.
Jc might remember.
An oh boy day 4 sure.
Never guessed that one.
nf
Not so fast there Snuggles! A buck or two added to share price? Maybe 50 cents now? Mr. Market says no, no and no. Why? Look at the original terms of the deal. An undetermined amount of "tracking shares", convertible to Taseko common shares were / are the big mystery here. Again, look back to the initial deal in which RT was looking to make coin for himself down the road by switching the property from another one of his holdings to Taseko....to his benefit. The market knows this means very little, hence no meaningful rise in share price.