Taseko Mines Ltd T.TKO

News

[spitfireIVX]

BRIEF-Taseko Announces Gibraltar 2021 Production And Sales

 

Jan 13 (Reuters) - Taseko Mines Ltd:

* TASEKO ANNOUNCES GIBRALTAR 2021 PRODUCTION AND SALES

* TASEKO MINES LTD - ANNOUNCES 2021 COPPER PRODUCTION FROM GIBRALTAR MINE OF 112 MILLION POUNDS AND SALES OF 105 MILLION POUNDS

* TASEKO MINES LTD - SALES OF EXCESS COPPER CONCENTRATE INVENTORY FROM GIBRALTAR WILL FURTHER BOLSTER Q1 CASH FLOWS

* TASEKO MINES LTD - EXPECT TO REDUCE COPPER INVENTORIES AT GIBRALTAR IN Q1 OF 2022 Source text for Eikon: Further company coverage:

 

[metalhead666]

Lots of time to buy shares cheaper.  TGB isn't going any higher in the near term and could well trade much cheaper. It's still 2 years from anything meaningful from Florence which is the only reason to own this anyway.  Gibraltar is junk but has enabled Florence to come into being...that and the big move copper has had which will also likely trade lower soon.  $1.75 US and I

[spitfireIVX]

VANCOUVER, BC, Jan. 13, 2022 /CNW/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") announces 2021 copper production from the Gibraltar Mine of 112 million pounds and sales of 105 million pounds. Molybdenum production and sales for the year were 2 million pounds. Fourth quarter copper production was 29 million pounds

[spitfireIVX]

Man, the EPA moves on their own schedule:   "At the Florence Copper Project, we completed our review of the draft Underground Injection Control ("UIC") permit in early December and no significant issues were identified. The US Environmental Protection Agency continues to advance their review process and has recently advised the Company that they expect to start the public

[Cognition777]

Is that a COVID thing ... do public comment periods need to hold in person meetings?

[goldanalyst]

What a dog this stock is compared to other copper companies

[JoeStockIQ]

Well mister analyst, it's not a dog for those of us that have already tripled our investment. And mister analyst, if you actually knew anything about the history of this company, you would have somewhat expected this news. Come back after the Q1 report and let us hear your wisdom then. 

[slewfoot2]

Joestock, i think the analyst just stated tko is a dog when compared to other copper companies. To brag about a triple is irrelevant. Most producers have significantly out preformed tko. Tko should be fisting the comparable because of the florence project, but instead they lag behind. That is a dog

[JCSunsfan]

For only one primary reason. The incredibly slow pace of the EPA.  That is out of their control.   The NP mess is their fault but that is a non-story now. Until Florence moves, it will be a flatliner.  However there will be a point where the Florence valuation kicks in and when it does, things will move up fast.

[slewfoot2]

Jc , i agree to a point. Florence permit delayed has weighed on the price a bit, but the production a gib is the bigger culprit. They stated ambitious forcasts for 2022. They had a poor H1, but stated the majority of production is slated for H2. Q3 was good, now they sh$t the bed on Q4. The insiders all dumped prior to the production release. That is tko. Same old. And share prices lags as a

[JCSunsfan]

The most important news here is on the permit.  No problems with the wording.  Public comment period to start in a few weeks.  The only problem here is how SLOW the EPA is. We could end up waiting months after the public comment period to get the final permit.  Might as well mentally prepare for that.  In the meantime GIB just needs to keep producing cash.