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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 JoeStockIQon Jan 22, 2022 1:03pm
100 Views
Post# 34347406

RE:Weekly Elliott Wave Update

RE:Weekly Elliott Wave Update One last point in regards to Taseko: Once the SPX nears the 6000 region for the blowoff top, we obviously need to see what the price of copper is doing along with current Taseko operations. Current approximation of when the apex hits is very close to when Florence is nearing start of production. That will make trading quite interesting and dicey. Why? Because, no matter how great things are looking for Taseko when the start of the crash occurs, pretty much everything equity wise is going to take a substantial hit. But, if copper prices remain high at that point, Taseko will recover from the initial hit much quicker than others due to sustained cash generation and increased production finally coming its way from Florence. Will be an interesting trading period for sure. 
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