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Bullboard - Stock Discussion Forum 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... see more

TSX:TKO - Post Discussion

Taseko Mines Ltd > volume
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Post by nofluff on Dec 09, 2020 12:20pm

volume

is very low. Flushing the last out. I will say a penny a trading day up from here.

Not bad for 6 figure folks.

nf
Comment by JCSunsfan on Dec 09, 2020 12:41pm
Yep.  Tried to fill an order this morning and only little lots available at list price on a limit order.  Who sells this stock in 50 share lots?
Comment by JCSunsfan on Dec 09, 2020 12:48pm
What's it going to take to move sp up?  Only 10% institutional ownership.  Mediocre analyst recommendations.  Seems that unless you are someone that follows this company very closely, it is just completely off the radar.  The story is just not known. Analysts and most retail investors just look at a basket of numbers, PE, revenue increase, price/book, debt level.  ...more  
Comment by CdnScorpion on Dec 09, 2020 1:28pm
The only thing that has consistently forced moves up or down in the past has been when TKO was added or removed from indexes. Getting added to an index pretty much forced all the institutions with funds based on the indexes to buy in. We just have to hope something gradually get TKO solid enough to be included in a significant index.
Comment by JCSunsfan on Dec 09, 2020 1:34pm
Until that time, a company that uses a lot of raw copper ought to consider buying TKO.  It is a really cheap hedge against future prices, and guarantees a product flow in the face of shortage.  I would be a huge market advantage, especially for Florence since it produces cathode copper on site.  BTW.  People don't mention it, but there is a railroad line 100 feet from the ...more  
Comment by dheadley on Dec 09, 2020 1:55pm
Perhaps today's selling is the PP people taking profits. In which case there is a lot more to come.
Comment by fishmillion on Dec 09, 2020 2:09pm
A great situation gets even better.. buy on the dips....lower the cost.. ok i dont totally understand buying on the way down.... kinda like betting on the last place horse half-way thru the race.....but im doing it anyways.... i dumped my gpr holdings ( lost 300 bucks). Poured in another 10k of tko at 1.34... now 60 k...... kabam
Comment by JoeStockIQ on Dec 10, 2020 2:31pm
Well fishy, pouring in another 10k @ 1.34 wouldn't really get you from 50k to 60k shares owned, right? Or, is that simply fishy math? At any rate, why would such a savvy investor such as yourself bail out on all of your Taseko positions just a few days back and jump back in to (nearly) 100k shares in less than two days whilst remaining sarcastic in all ways about Taseko? Even for a swing ...more  
Comment by JCSunsfan on Dec 09, 2020 2:24pm
Sell on news I guess.  Short termers waiting for the permit news to come out.  When it came out no big jump, so they are out. Short term investing helps liquidity, but it sometimes kills real value.  
Comment by JCSunsfan on Dec 09, 2020 2:26pm
Seems like a good time to buy a little. 
Comment by JCSunsfan on Dec 09, 2020 2:26pm
Probably just Fluff trying to get out. 
Comment by dheadley on Dec 09, 2020 2:36pm
nf will be swinging around somewhere. It's odd though. CMMC and IVN not looking too perky today either
Comment by nofluff on Dec 09, 2020 3:15pm
Ya. Only thing up 4 me us ncu. I dumped a hundred thousand tko today. Just joking:))) Never sold anything. Not even 4 swing. I like my balance of diversity currently. This does not mean I have 4gotten the rediculous pp or the cloud hanging over tko because of ndm. Sp indicates many others have memories as well. It makes everyone cautious. Happy guessing. nf
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