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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

Post by JoeStockIQon May 22, 2024 3:44pm
178 Views
Post# 36052637

Today Is Why

Today Is WhyYou take a good chunk of profits during a period of skyrocketing share prices. The information was everywhere that the primary reason copper had shot up so high and fast was due to short squeezed trading firms being burnt and then momentum traders playing dog pile on the rabbit. Excessive demand wasn't the reason, thereby being unsustainable. That leads to huge price swings. Look, we're not saying copper won't go back to $5.10 but it could just as easily retreat to $4.25...or $4.00. And, you absolutely know what happens to Taseko share price when copper loses a buck quick. We saw this exact show not too long ago. That's why. That's why you lock in awesome profits and don't think twice about it. This isn't a "we told you so" and Taseko shares can go right back to where the were. If it does, book them profits! Florence is still a long way off, labor strike?, bank crisis announced?, etc. Perfect environment to swing trade. Keep your core, swing the rest, make some money. 
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