Taseko Mines Ltd T.TKO

Re 40% and counting

[copperminer]

So Canada's second biggest open pit copper/moly mine just increased by 40%. Does that make us the biggest copper/moly mine in Canada? Sure looks like it. This news is pure dynamite.

Looks like "Old Slew" ended up in the sluice box
Looks like 21 jumpstreet exploded in mid air, tsyk, tsyk
Looks like Meatsack gave up coppermining, became a butcher, so sad

Taseko Mines, a bag full of Wildcats

[metalhead666]

Will be back under $1 per share this year as the global economy collapses and copper prices plunge. Doesn't matter how much low grade krap they have at Gibraltar it's still a marginal project saved lately only by the ramp in copper prices which will collapse with global demand destruction 

[nofluff]

That was bigger news than the permit. More news to follow. It was stated before that the purpose of resource expansion was to justify mill expansion. More news to follow. So 800 million new pounds plus a bunch of moly. That should be at least 50 cad cents insitiu value for 400 million to mc. Market squeezers will try to hold it down while they shake shares out. When mill expand news hits, tko

[nofluff]

I guess no one got the memo:)) nf

[JCSunsfan]

They added years onto the mine life, after a lot of investors will be dead and gone. Investors want a return now.   Upgrade production and you will get added sp. 

[JCSunsfan]

Also, reaction to news with this stock often seems to come fairly slow. 

[nofluff]

Well jc. Someone must have gotten the memo:)) Price going up and bid sizes increasing.  Do you think we can get 10 bags:)) Mill expansion news would help. I think the news along with high copper will definitely solidify 3.00 tko. A bit of permit progress will help as well.  I still have no tko on sale. Hope to do some swinging around the 4.00 mark. nf

[JCSunsfan]

Florence Copper is supposed to be 80 mil. pound for 20 years. This announcement is equivalent to half of Florence.  It is in a permitted and running mine.  If they can increase output and efficiency, it could add a lot to sp now. I think the market is trying to process this.

[JCSunsfan]

I am going to try to work my way back up to 200k sh.  I had dropped down to 120k.  I should not have done that. 

[nofluff]

So you r saying, you never put the cash in a better place??  At least you have cash:)) nf

[dcjones4396]

Hey NF, can't agree that the Gib update is bigger news than the Florence permit for several reasons. First, most were expecting this update. While it's nice they formally announced, it was expected. Second, this update doesn't change annual production. Extra years yes, but not extra production. Therefore, I refer back to the update being expected. Share price up a little over a US

[nofluff]

Your disagreement is duly noted dc. I guess we will know in 9 months:)) Today, investors started coming to the table. If you look at cost to find tko resource of 20 billion pounds copper equiv. today. You are talking about 2 billion plus dollars. Add 1.5 billion fir gib mill infrastructure and you get a 3.5 billion break even for tko assets. No one wants to just break even. So lets go a double

[nofluff]

I think I made a math error. 7 billion on 300 million shares would make for well over 20.00 sp.  I realize there r corps like ame, ncu, inomin and bwcg that have done it fir way less. But for each of them, there is 100 others that got nada. nf

[JCSunsfan]

Fluff.  I don't disagree with your "bag thingy's" in theory, my problem is that I wish they would actually happen in real life.  This stock never seems to sell where most of us think it SHOULD be selling.  

[nofluff]

Very true jc. Trust needs to b restored. Tko said they were going to drill and update resource. Well?? They did. I step towards restoring trust. nf

[JCSunsfan]

Yep.  All the reasons in the world why the sp should make a run. And still it doesn't.   One of these days, maybe. 

[spitfireIVX]

JC, you need to have a chat with your fellow citizens at the EPA, that would help get this stock running!  ;)   They've plated by the rules, wonder what is going on.....

[JCSunsfan]

That will do about as much good as you all having chat with your government about NP. This is what you get when you are dumb enough to elect liberals.

[JoeStockIQ]

Very funny and very true. Libs ruin everything they touch. That PokinDumb dimwit is a proud leftist, figures. They all have that holier than thou mindset because, according to them, they care more about, well, everything in their leftist minds. Hey, by the way, where is that PokinDumb azz hat anyway? He hasn't poked his lil head out since gloating when TGB was $1.85 US just a few weeks back

[slewfoot2]

Ole slew think you are misinformed again. NP was turned down by the Harper Government , which was the most conservative government that Canada has had in 50 years.... joesnuffles-jones, as is often the case,you are illinformed idiots. My tko position is cut in half and still being downsized. Why?. Because tko is 30% under lom production. Production has fallen for 3 years now. Cash is going

[JCSunsfan]

In Canada, even the conservatives are liberal. 

[JCSunsfan]

If you think this is a waste, why are you here? I am because it has been VERY good to me.  

[JoeStockIQ]

Ridiculously stupid and nave comments like above from Clubfoot are exactly why the chucklehead is rightly in the ignore bin. Where to start? How about his ill informed statement about Gibraltar production...anyone staying on top of things knows the temporary reduction is 100% due to following the mine plan that called for cycling into a lower grade pit. It was expected,100% temporary and part of

[JCSunsfan]

I just don't think sp is going to go up much without profits going up.  Increase in copper prices and increase in production.  That is what has to happen. This is not going to be valued like a speculative penny stock--like nf's colts.

[nofluff]

That is a quite good guess I think j.c. While others do 10, 5 snd 2 bags, tko should do a half bag in the next 3 months.  A half bag in 3 months is good. Especially since thee are quite safe and you can trade them.  Best guesser wins:)) I always say sometimes. nf

[JoeStockIQ]

Don't overthink things JC. Once the final permit is issued and construction starts, the share price will continually rise as production nears. The market simply has to readjust price to match impending production. Lull before the ascent. Getting the final permit in hand has always been the key. Nothing has changed except high copper prices continuing to save the day before completion of the