Taseko Mines Ltd T.TKO

miner

[nofluff]

The ymi certainly was. But at 1rst it was big loss in sp for sh. I played that one correct. Sold at the top 90 some cad cents and bought back at 60 to 30 cents. Some times it works. If u recall that was a 10% dilution for the remaining 80% ownership. It turns out the ecconomics look 2 b at least 2 gibs.

That was 10% float 4 one great mine. This current dilution was over 10% of 5 great deposits and a state of art mill.

Cmmc paid a commission for 15 million but no price haircut. Tko will get 40 million and if that stops having to stream or jv then it will be understandable.

I kept my position with my large swing 2 ncu and back, without the price drop I would not have gotten it.

But there r many on here that r looking for a good reason. Time is going 2 tell.

nf

[nofluff]

Currently the ymi is sitting at a 10% premium to tko purchase price. That is not much. But the huge potential upside is what validates the deal. The only good I can c in this deal is that sh have a chance to keep there position on cheap sp. It is called sh reponsibility. Or gullibililty. I believe elg kept about 100 thousand shares. Not sold his small position. Both bought ncu. I have no idea

[nofluff]

Since my pen is on a roll. Peru political unrest and massive covid, copper supply drastically curtailed. One large chilean mine strike 2 continiue and another to start this week. That is a lot of copper off market. If we get another 20 cents average for next 45 days that is another 5 million 2 the bank. nf