Taseko Mines Ltd T.TKO

Musings for Meathead

[JoeStockIQ]

https://www.mining.com/taseko-reports-significant-production-increase-in-q3-shares-rise/

Some thoughts for Meatsack after reading the above listed article: First, the February 2022 $2 calls are now at a 90% profit from purchase. Second, said options will be sold soon, thereby not having a chance to "expire worthless" like "90% of options" do. Someone tell meat that the majority of options that expire "worthless" were purchased as a form of insurance. Yes, speculators do certainly lose money at times playing the option route, but, most of them sold at a loss before expiration to cut losses. Moving on, didn't meat state the overall market was going to drag Taseko down with it? How's that working out? Anyway, not the worst thing to do right now by locking in some profits by selling some shares (or options). Hard thing to do with all of the additional positive news likely coming our way but give it some thought.

[JCSunsfan]

Because 90% of options expire worthless does not mean that 90% of people who invest in options lose money on them.  The options are traded over and over again before expiration.  Many people make money on them in the process.  Some lose too.  And many buy them as insurance like Taseko did.  However, I consider selling puts and calls ALSO investing in options.  What

[JoeStockIQ]

By the way, guessing here that the EPA ships the draft permit to Taseko management on Friday and returns same to them on what is "Mischief Night" in the US, making for a "Happy Halloween"

[metalhead666]

A modest up day on good company news...however...copper is going sub $4 shortly and the continued market tank will take TGB down with it.  How about my short bets yet again?  3 days 3 wins.