Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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

Taseko Mines Ltd > TGB / TKO

<< Previous

Bullboard Posts

Next >>

Comment by JCSunsfanon Sep 28, 2023 1:38pm

89 Views

Post# 35659853

RE:TGB / TKO

Institutions?

Disappointed permit speculators have moved on, I think. Buyers now are more long term thinkers I think. Just my guess. No event speculation to drive price now. Just company prospects.

Some have expressed concern about debt. Present payments on the $400 mil bonds are $28 million per year. If they have to redo the debt at a higher rate in 2026 it could add some cost. If they have to pay 9% then the interest payment goes up to $36 million. That certainly cuts into profits, but it is not company threatening. Gibraltar can cover that.

I wonder when they are going to sell another collar. I would expect to hear about that soon. Probably a $3.50 bottom.

<< Previous

Bullboard Posts

Next >>

Calibre discovers significant gold in Newfoundland