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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 Oct 18, 2023 3:35pm
104 Views
Post# 35689665

RE:RE:RE:RE:RE:RE:RE:RE:Is today the last day for appeals?

RE:RE:RE:RE:RE:RE:RE:RE:Is today the last day for appeals?Sounds about right. After this latest wave of selling shares, can't be too many speculative investors left at this point. Our little investors group appreciates their selling and departure as we continue to pick up shares on the cheap. While it's understandable to have legitimate concerns about the current balance sheet, final financing needs for Florence and upcoming restructuring of debt, we don't see any fatal roadblocks in the way to accomplish all of those items. A few of the long timers here will remember that this stock used to trade between $1.20 - $1.35 US when copper was trading at $3.30 US several years back on Gibraltar alone and Florence but a hopeful thought for the future of the company. Fast forward 6 - 7 years and we have a fully permitted Florence with $3.55 copper. Also remember restructuring of debt on the books has always been a concern but management always gets it done. Our perpetual doom and gloomer Metalhead also has legitimate concerns about the state of the US and overall global economy being stressed. However, all that said, we still believe Taseko will be pumping out nearly 200k tpy come 2026 with 150k or thereabouts in 2025 in a strong copper environment and that's what makes today's $1.14 US per share a strong investment. Buy low when the rest are running for the exits. Scared money doesn't make money...as long as the reasoning is sound. 
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