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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 > someone
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Post by nofluff on Dec 10, 2020 3:35pm

someone

Mentioned that tko would b at 2.00 now if not 4 the pp. I would agree.

So the 37 million dollar pp cost sh 150 million dollars. That was bad news for all, except miner. 

However, all purchasers now have that cheap in. So, perhaps there will be some recovery. 

Today is the 1rst day of the rest of tko life. Mine 2:))

I am like kent. 10% reduced holdings.

Just being careful.

nf
Comment by BigCountry on Dec 10, 2020 3:39pm
let's just hope there's no more dilution for Florence financing
Comment by KentWilkens on Dec 10, 2020 4:17pm
NF, dead on, patience with TKO is always a virtue, and an easy one with COPPER rising, it will float the boat no matter who is on board. Sell into the upswings. KW
Comment by nofluff on Dec 10, 2020 5:55pm
Ya kent. My 10% out is at 1.40 cad average. But the swing has me up over 100% on going to ncu and ame. So I hit it fine. The pp even helped. That does not mean I like the pp. It revealed management.  Interesting that all the recent class have been about losses. Tko seams fine with copper taking them to new highs.  Being careful nf
Comment by JCSunsfan on Dec 10, 2020 6:10pm
In hindsight, I could have taken more advantage of the PP.   Oh well.  I never hit tops and bottoms. 
Comment by marketsense on Dec 10, 2020 7:05pm
Forget about hindsight.  Thats useless now.   How about foresight.   I swung a nice position  thanks to the PP fiasco and am all in again except I plowed my profits into MIN.  I needed more copper exposure but also a bit of diversification away from TKO.   Who knows what terms  the financing will be,  but IMO,   TKO is still not a bad copper proxy to ...more  
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