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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 > Weekly Elliott Wave Update
View:
Post by JoeStockIQ on Jan 22, 2022 12:45pm

Weekly Elliott Wave Update

Sentiment Speaks: Stock Market Quoted As Saying 'The Reports Of My Demise Are Greatly Exaggerated'
https://seekingalpha.com/article/4480595-sentiment-speaks-stock-market-saying-the-reports-of-my-demise-are-greatly-exaggerated?source=copyToPasteboard

The most relevant of this week's update is in the conclusion and goes like this: Completion of pullback being experienced now, rally to the 5500 SPX region, substantial pullback of 15-20%, blowoff rally to the 6000 SPX area and then...BANG...prolonged nasty years long bear market. What does that mean for Taseko and the overall markets? Lots of time to trade the outlined stages above accordingly and a very good idea of when to exit your long positions and start playing the downside.

Comment by JoeStockIQ on Jan 22, 2022 1:03pm
One last point in regards to Taseko: Once the SPX nears the 6000 region for the blowoff top, we obviously need to see what the price of copper is doing along with current Taseko operations. Current approximation of when the apex hits is very close to when Florence is nearing start of production. That will make trading quite interesting and dicey. Why? Because, no matter how great things are ...more  
Comment by slewfoot2 on Jan 22, 2022 2:39pm
Joe , you stated that was your last post on tko. I will give you the benefit of the doubt and wont put you on ignore until you break your pledge.
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