adanacBack in 1969 in the winter time we used fly around Atlin B.C. when ever rumours of anything interesting popped up and drop our stakes out of the airplane and then register the claims once back in Whitehorse but that was the good old days. Yes the moly in that area has been staked for many years and adanac has been played many times
One day they may go into to production but when I look at the recent move I hesitate to buy. The thing that is better with Taseko is it has a mine and proven resources and a moly circuit just about up and running IF it isn't already producing. So the smart money always goes for the sure thing. And Hunter Dickenson Group or whoever is left (Originals) have been producing for the shareholders for many years. They know where the moneys is in mining.
If you were ever in Atlin B.C. you would see that there is no infrastructure available for any mine and it would take a lot of time to get into production. Wait for the share prices they may come down and then purchase. Sometimes maybe in your life time you can buy these for a dime. Remember these large ore bodies will eventually become feasible.
While your waiting play the next best.
Anyway Taseko is here for the long run.
Do you not think that they have not sold their ore body into the future to get up and running and what other breaks haven't they got from our Liberal Government.
We pay about .06 -.07 per kilowatt hour for our electricity and they they (may) get theirs for 2.5 cents.
Also they are non union so they save big dollars for somebodys pocket. Christian Labor Organization (may) pays very low wages which is better for the share prices. Around $21.00 for tradesmen and a good construction job pays the better part of $28.00 and $3.50 for pensions on top of the hourly rate in British Columbia. The American rates are much higher $37.00 Seattle for a Heavy Duty Mechanic and about $6.00 for pensions now you can see the difference between the two. Guess where the extra profit goes.
I would buy Taseko.