Taseko Mines Ltd T.TKO

another positive day

[JCSunsfan]

Anyone think this is based upon true upcoming news or just speculative optimism.

[nofluff]

I was thinking it was funding close. but since my entire portfolio is up about the same. I am guessing it is copper price. nf

[JoeStockIQ]

Has nothing to do with an upcoming positive Q4 report, that's for sure. High copper prices, nothing more, IMO. Copper staying high is obviously a plus but don't forget what is right in front of us. 

[dheadley]

Probably all the whining on Stockhouse is finally starting to pay off.   :)

[JCSunsfan]

Well.  Its about time! We have already gotten guidance about production numbers and cash balance for Q4.  So we already know that the report will be less than stellar.  Has the market itself been paying attention to the guidance or will it be negatively surprised?   I would like to think the guidance is already baked in.  I hope so.

[JoeStockIQ]

With all due respect, you're too focused on the production numbers and cash balance that management has provided. Instead, focus on cash burn and reasoning. That is where potential problems will be found. Do you all understand this? 

[JCSunsfan]

? .   Cash balance at Q4 end is the indicator of cash burn.  

[JoeStockIQ]

First, you don't know what they're spending money on until you read through the financials. Second, you don't know what they're spending money on in Q1 of this year until the next report comes out. Third, we don't know the extent of the potential issues Gibraltar is facing until we get those same numbers. How and where did they spend the funds from the private placement? Those

[JCSunsfan]

Joe.  I am hoping some of that cash burn is going toward initial capex stuff for Florence.   Just hoping I guess.