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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 Cognition777on Sep 02, 2021 3:27pm
166 Views
Post# 33804361

Decoupling from copper ...

Decoupling from copper ...Good volume and price increase at beginning and end of the day. I suspect this is investors getting in before a permit approval. I don't think the volume (although quite hefty now) is sufficient to suspect a permit "news leak"... unless it is just a few office staffers who heard the boss whispering.
Leaky news is a possible explanation for today, but I'm still thinking it's optimism over a soon to be issued permit.
Nevertheless, TKO behaviour is more and more becoming independent from the copper price, hence my suspicion of the permit optimism as the price driver.
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