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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 13, 2024 4:14pm
121 Views
Post# 36037483

RE:RE:RE:Cup is Correct

RE:RE:RE:Cup is Correct
JCSunsfan wrote: I just disagree with the idea that Taseko is fully valued.  It is trading at a deep deep discount to its peers with a better two year outlook.  

This short term rolling strategy is a self-fulfilling prophecy, keeping this company from an appropriate valuation.  

I do agree about the banking crisis, and a LOT of people I know are rolling puts on regional banks right now.  Almost too many.  

We're not asking you or anyone else to agree with us, just giving our take so people have the opportunity to evaluate for themselves before something really bad occurs. That said, here's where we think you're getting things wrong: we trade on the reality of how Taseko shares have been historically valued. You're trading on how you think shares should be valued. The entire marketplace has the numbers that you speak of as the are easily available to all. Yet, how have Taseko shares traded in reality over the past several years? The majority of the investment community views Taseko as a sole asset producing company because, well, that's the truth for now. Yes, Florence is an amazing asset that is fully permitted and in the early stages of construction. From now until 2026 Q1 is a lifetime to the markets as a whole lot of events can and will occur to shape overall market valuation. And remember, 2026 Q1 is the reality of when Florence "should" start pumping out decent production with only 50M in the first year according to management. When you say Taseko is trading at a deep discount presently, the market obviously doesn't agree. When you touch on the whole self-fulfilling prophecy thing not allowing "appropriate valuation", sorry, that's the reality of how markets work and you have to come to terms with such. As far as your theory that a "LOT" of people are currently shorting the banks...disagree. Overall markets remain trading at near all-time highs. Anyway, we're not trying to argue with you or anyone else on these topics other than to imply that markets / individual equity prices don't trade by how you think they should be valued and doing whatever we can to enlighten anyone who wasn't aware of what is currently happening in the banking sector that can and will effect everything. 
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