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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 > On Your Mark... Get Set...
View:
Post by Cognition777 on Sep 02, 2021 9:50am

On Your Mark... Get Set...

Here we go...
TKO just broke resistance of $2.32 on decent volume, coupled with a minor positive bump in copper price.
Remains to be seen if it will decouple from copper when copper turns back down or not.
Very good sign, however!
Comment by JoeStockIQ on Sep 02, 2021 9:56am
Wait and see what the announcement of a final draft permit approval does to your charts...it will be like a pinball machine on steroids. 
Comment by Cognition777 on Sep 02, 2021 11:58am
Copper couldn't break through short term resistance at $4.305 one first attempt... fell back and hovering around $4.295 now ... looks like a second run is building... TKO fell back a bit with copper. Still coupled obviously, but I think there is a resistance to selling lest one is caught holding cash overnight when the permit announcement is made.
Comment by JCSunsfan on Sep 02, 2021 12:49pm
Any indication that TKO/TGB is being program traded with a copper price formula--just computers doing the buying and selling?
Comment by Cognition777 on Sep 02, 2021 1:37pm
Oh, for sure. I mean if you have a trade block of 2800 shares and there are 28 buyers listed... c'mon, there aren't 28 investors who want to trade 100 shares ($230 each trade). But there are also large blocks - like the one at $2.35 right now with 129,000 shares for 14 investors. Program trading won't likely create average program trading over 8,000 shares per trader. It's a ...more  
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