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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 Sep 19, 2021 3:12pm
152 Views
Post# 33884756

RE:RE:RE:RE:RE:RE:whoa

RE:RE:RE:RE:RE:RE:whoa
Joe455 wrote:
Returns2021 wrote: Copper will never see $5. It is going to see $2.50 soon


China is the wild card it looks like their ghost cities are coming back to haunt them.


Demand increasing, supplies dwindling, mines closer to the end of their lives than the beginning. The bigger factor is money supply, shortages, and mounting inflation.  I cannot see how copper can go back to $2.50 in the present inflationary environment.  Now you could argue that $4 will be the inflationary equivalent of the old $2.50,  but going back to the actual $2.50 seems very unlikely. 

I think $4 to $4.50 is the new normal.  But I know about as much about it as R2021.
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