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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 > Technical follies
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Post by cupricity on Dec 16, 2021 3:22pm

Technical follies

Investment is a game that plays from a current expectation into a future outcome. One cannot predict the future. But TA has a chance of being right better than not using it all. The trouble I find with TA is it tells you when an uptrend is being broken but if you use TA successfully its hard to enter because the best time to enter is when it's time to get out... if that makes sense. Fundamentals should trump TA and if I sold tko at 1.10 early because it ram hot I didn't make any more money than just holding an extra year to 2.40.
Comment by Cognition777 on Dec 16, 2021 3:38pm
I find there are times when FA should run the show; other times TA. Right now, I treat TKO as a trading stock because the fundamentals are mostly steady state until the Florence thing gains traction. The current price has largely priced in the approval of Florence... actual approve will move it a bit more I think. It is currently lockstep with the changes in copper price, and that makes it ...more  
Comment by metalhead666 on Dec 16, 2021 3:54pm
No it doesn't....you can't predict the day to day in copper or you would be trading copper futures and be rich. You have neither the tools or the information to "trade" copper or anything that you BELIEVE is tied to the hip with it on a daily basis.  You would be doing yourself a big favor if you gave up your misplaced "beliefs" and superstitions. 
Comment by nofluff on Dec 16, 2021 6:29pm
Eye am not very smart as many of my ignores have pointed out. But Eye am stubborn. My strategy is simple. When Eye think bottom is close, I buy a little and hope it goes down do EYE can buy more. Then, if it goes up, I sell a little and hope it keeps going up so eye can sell more. No wonder fluff is laughed at. He can not analyze!!!  poor fluff. He juss plain stupid hanging around for the ...more  
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