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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 Aug 07, 2024 4:31pm
142 Views
Post# 36168248

RE:RE:Our Current Market Outlook

RE:RE:Our Current Market Outlook
spicko1 wrote:

Thx for your advice, but I won't be taking it. If you're posting now, your cards are already being played. This stock is not a 'sell' or 'hold', it's a strong 'buy'. 

 TKO is down 78 cents in 3 months. Great buy op. Like you said....it's de-risked, barring a disaster at Gibraltar. I would counter that even in a Gibraltar disaster, TKO would do fine. They have insurance for disasters, and Florence build is already 100% financed.  In 18 months or less, Florence alone will be giving TKO about $1 eps. 

I say 'buy now and don't look at SP until the fall of 2025. ' You will be very pleasantly surprised. What other company is looking at 100% growth in EPS in that short amount of time?


For the most part sp, we agree with you. When have we ever not been a huge fan of Taseko? It's all about pricing. When DC turned us onto this company, shares were near 50 cents US. Those were the good old days of being able to really load up on the cheap. Lots of money was made back then. And, the company is even better now. But, as we mentioned, sinking markets don't discern and take everything down with it. We will be loading up again in the future, simply believe the opportunity will come at a lower price. We want everyone here to make money, even metal. It's completely understandable that people don't want to hear about bad news. Don't shoot the messenger. We'll continue to post here during these upcoming turbulent times for anyone that wants to listen. 
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