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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 metalhead666on Aug 13, 2022 3:28am
283 Views
Post# 34893598

Good news but hold your horses....

Good news but hold your horses....Finally....this is clearly good news but I'll remind you....not the idiots but the rational thinkers if there are any here....It's a long way yet from here to there.  Nothing ever goes smoothly in mining and unfortunately you're up against the FED who is intent on sparking a global recession, entrenched inflation and the very real prospects of a significant new leg lower in stocks....one tailwind, many headwinds.

Housing is done for, China is done for, we will have a recession, copper demand will be soft, Gibraltar is junk

Florence is a great asset but it's several years away from steady state production and it will not go seamlessly...never does

If you can ride it out and take a 3 to 5 year time frame then I'd say buy some shares now....if you want to trade a bump on the news you can probably get 10 20% if the market holds up....if you think it's off to the races you're delusional

My best take....buy a small position and put it away for 4 or 5 years but be prepared for new lows too as the economy implodes under the FED boot....a 4% FED funds by year end will crush this massive debt bubble....when the "market" dumps hard again everything goes with it.

You can be like the imbeciles NOFLUFF and his butt buddy and high five each other in the treehouse club house while you jack if off to old stained playboy magazines but there's a lot of moving parts with the future Florence just one of them.


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