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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 and Profit Taking...
View:
Post by JoeStockIQ on Dec 09, 2020 4:14pm

Volume and Profit Taking...

2.1M shares traded hands today in the US and the price closed exactly flat. Not a bad thing at all. As previously stated several times, we are in the midst of clearing out those taking quick profits on gifted shares. Will continue for awhile more to be sure, probably up until final permit and financing are announced. This is a necessary process that we are muddling our way through due to the dreaded PP fiasco. At least it's behind us and we are moving forward quite well, all things considered. Next 4-6 weeks will probably be mundane like today.
Comment by dcjones4396 on Dec 10, 2020 1:25pm
Note how the share price hit $1.14 US in early trading today and steadily decreased to $1.06 around noon before recovering higher in the afternoon session. More profit takers making a quick hit and bailing onto their next venture. Good for them AND good for us. No doubt our share price would be nearing $2 without the PP and disappointing Q3 report. At least we're slowing getting rid of the ...more  
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