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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 Feb 03, 2023 3:18pm
172 Views
Post# 35265725

RE:RE:RE:RE:reality

RE:RE:RE:RE:reality
pokinfun wrote:
JCSunsfan wrote:
pokinfun wrote: The companies orchestrated support and response seems to be losing steam already. The news this morning was a shady at best type of after the fact response. A very reactor type response versus a proactive approach that could have been used.. Stinky at best,,, LOWIQJOE-ish at worst... Better hope it holds onto the green for today.. US job numbers were great this morning which was a surprise for sure.. I will ask around here locally to get a sense of any Np progress.. I do believe that as long as BB is in play the local 1st nations won't be moving forward on Np.. They won't deal with people they don't trust,,, and they don't trust BB at ALL. 

So, what would you have said in your response?

It's NOT the WHAT I would have said Jc, It's the when and how.  I made some calls yesterday to the company and to be honest they seemed taken back by the unexpected  news. So for TKO to come out with news today after the fact saying negotiations were underway smells to me.. The better practice would have been to have beaten the sellers to the punch and put this out as a positive story rather than hearing from the Japanese who are saying --- environmental issues, declining grades, yada yada yada.. ..VERY lucky the jobs report came out as it did or today would have been way different.. Gold taking it on the chin and copper looking better,, dis not see those job numbers coming... SURPRISE 

Again.  Negotiations like this usually happen with agreed upon confidentiality until a simultaneous announcement.  It looks to me like Solitiz broke that.  That is why TKO did not say something first.  They would have invited a lawsuit.  I think its also why you cannot find anything about it anywhere on Solitz website or anywhere else.  The Solitz director stepped in it and he probably got contacted by his legal team saying that he was in hot water. 

I am reading between the lines here, but I am confident that this is what heppened.
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