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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 metalhead666on Oct 05, 2021 5:50pm
164 Views
Post# 33971263

RE:RE:tko

RE:RE:tkoThe unfortunate thing is that TGB doesn't exist in a vacuum. It belongs in indexs and is by and large subject to the price of copper. If the market bubble pops or the economy goes into the ditch, TGB will fall with everything else. The Atlanta Fed downgraded GDP from 6% to 1%....there are serious issues in the world not the least of which is massively inflated markets...all markets.  Smartest way to play this given 18 months until cash flow is to have a core position, trade a few shares, accumulate once per month over the next year to smooth out and mitigate the market influence.  As good as this story is now there's nothing stopping a 50% drawdown should everything go over the cliff....be mindful.  Love it long term, be careful short term
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