Taseko Mines Ltd T.TKO

Best to wait for the permit...too much downside risk

[metalhead666]

If for any reason the permit doesn't get issued TGB stock will plummet.  There's not that much to be gained by owning it now as once issued there will be years of gains to come.  I sold. Will wait

[JoeStockIQ]

The market doesn't appear to be concerned with this story, witnessed by a 5+% up day, and for good reason. Look, we've been realists about this issue all along. While it's easy to be emotional about an update such as this article, the only thing that has changed is the timeline for actually receiving the permit. As God awful as the US EPA is, they still can't deny the permit

[firecracker74]

This post has been removed in accordance with Community Policy

[dcjones4396]

While much of what you say is true, you miss a major point. IF the permit were denied, rest assured they would immediately be in Court to fight the denial AND they would eventually win as Florence is no Pebble Creek.

[metalhead666]

Sure but what am I going to sacrifice by waiting until it's certain we have a green light?  With Florence my price target for TGB is $20 in a couple of years....if I miss 50 cents by waiting it's no big deal but if for any reason the permit doesn't get issued then I'll save myself a lot of pain that won't easily be recovered.  I have never liked management....I don

[firecracker74]

This post has been removed in accordance with Community Policy

[metalhead666]

If TGB gets the green light it will be a $20 stock at some point If they don't get it it will be a $1 stock fast I don't mind missing 50 cents if I can know for sure that Florence is going to get built.  Right now I'm not 100% sure and it's little loss to wait until I am 100% sure