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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 dcjones4396on Jul 15, 2021 7:45pm
244 Views
Post# 33557068

Copper Market

Copper MarketCurrent spot is $4.31 US. Tremendous profitability at these levels, yet the market is acting as if copper had retreated to the $3.50 - $3.75 region. Pro traders know Taseko stock will remain uber soft until the end of September. The need for the permit before October is obvious. However, we have much stronger QE reports coming our way to finish the year. Taking advantage of the weakness over the next 10 weeks will likely be handsomely rewarded. Remember, the sky was falling for a solid 15 months leading up to the March 2020 low of 25 cents US. The most interesting event coming our way is the Q2 conference call. Will Stuart shed anything of note? Sure hope so. At the very least, we'll get to hear the tone of his voice when speaking about the permit delays.
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