Bullboard - Stock Discussion Forum Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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... see more

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Taseko Mines Ltd > Another thought

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Post by nofluff on Nov 26, 2020 7:13pm

Another thought

So the syndicate got about 30% of florence for 37 million. There has been much spec about why. They r also lenders. What if they took down 200 million cads at 6% on 3 year term.

Current sh retain 70 % of florence and 100% of everything else.

That would b vindication for russ and crew. Well. Lets not get 2 positive:)))

nf

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Comment by 2024golden on Nov 26, 2020 7:18pm

Lets hope it might be something like that....what is done...is done!

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Comment by marketsense on Nov 26, 2020 7:39pm

A very nice thought indeed NF, and it echoes Sunfans suggestion that there was more to this pp than we know. Otherwise it makes no sense. Give the PP's an instant sweetener to icentivize the bigger capital raise when the time is right. Now that makes sense. TKO mgmt has been working on this deal for quite a while and now with copper in full recover mode, ...more

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