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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 May 09, 2024 7:46pm
101 Views
Post# 36032474

RE:Nice day

RE:Nice dayShort regional bank blocks utilizing 9 month to 12 month put options. They are all sitting on loads of non-performing Commercial Real Estate (CRE) loans that are fixing to get even worse as time goes by and they are forced to either refinance at  much higher rates or flat out default. This entire situation is about to implode and take the overall markets with them. Just use some common sense and think this through: During last few years of Trump presidency, the economy was humming along. Even Trump haters know that. CRE, especially huge downtown corporate office space, was in big demand and hot as ever. Then Covid and Trump impeachments happen. Everything starts to tank. Biden comes in and makes things exponentially worse. Fast forward to now...vacant office space everywhere that was originally financed at next to nothing interest rates. Now, those REIT's and hedge funds that own those vacant properties are screwed. That, in turn, automatically screws the banks holding those enormous loans. Time has come to re-rate the loans at much higher interest rates with no income to back them. Bottom line, this has nothing to do with you living / hating either Trump / Biden and everything to do with the banks being ticking time bombs. Said banks have been playing accounting games to keep the truth from the public. Regulators are scared to death to call all of this out because they know the markets will tank big time. Those in the know realize our banks and markets are totally effed. The games can't keep continuing before the truth comes out. Sorry gang, it's not a matter of IF, it's only a matter of WHEN. How do you think Soros made all of his mega billions? By shorting currencies and other financial products before the 2008 collapse, that's how. When this bomb explodes, those who are short the banks are going to profit from pain yet again. You can too. 
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