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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 JoeStockIQon Feb 10, 2022 2:08pm
136 Views
Post# 34417539

Day Traders Or Large Holders?

Day Traders Or Large Holders?

https://www.mining.com/copper-price-highest-since-october-on-supply-squeeze/

$4.62 US copper with a better than good chance of heading towards $5 and share price remains mired near $2. The biggest question is what entity is keeping the share price stuck? Day traders swinging daily for pennies? Large share holders looking control the pop to their advantage? Market Makers in the know? Or, simply a down market? The latter is possible but doubtful due to the sheer magnitude in difference between what share price was the last time we had copper at these levels and now. Remains a bit of an enigma. How long can it last is the next obvious question. Maybe the doom crew here are pooling all of ther funds together and shorting big time to keep the price at bay?! Yes, that was a joke. That crew would have a tough time buying a used AMC Gremlin combining their assets. Musings for the day. 

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