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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 JCSunsfanon Dec 27, 2024 1:04pm
112 Views
Post# 36378582

RE:Buy, Buy, Buy

RE:Buy, Buy, BuyThis stock is followed only by a few.  It has a fairly small market cap, and its low share price limits some funds from buying it.  They have rules against buying stocks under $5 per share (which seems silly to me).  

This has been de-risked almost completely.  Permit is in hand, funding is in hand.  The only risk is a drop in copper prices, but they have effectively insured against that as well with collars for the entirety of 2025.  There could be a market crash, but any drop would only be in sentiment.  

Maybe some sort of environmental problem could happen, but that is not likely at all.

There are potential big positive surprises.  New Prosperity agreement (not likely, but possible), tax credit approval (up to $110 million windfall), Florence into production (this will happen), price of copper rises (this is very likely), buyout (not sure why this is not talked about much).
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