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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 JCSunsfanon Aug 06, 2021 1:05pm
120 Views
Post# 33663877

RE:copper

RE:copper
nofluff wrote: back to 4.40 on comex. Looks like that 2.30 ask got pulled. Back to 3.00 soon I hope. 

I hope stu is right that copper will b over 4.00 for years to come.

Perhaps we can quit the hedging now. 

Time 4 second sleep.

nf



What governments and users need to understand is that it is a good thing for everyone for copper to remain over $4.  Miners have to be incentivized to expand production.  For the past few years copper has been way too low.  No incentive to build mines, now a supply problem. 

It's like oil with the supply and demand.  It is not like oil in that it takes decades to get a new mine going.  You can't just pop a well and start supplying again. 
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