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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 > Is Florence ok ?
View:
Post by spacegimp on Apr 21, 2022 7:20pm

Is Florence ok ?

Why the massive delay ?
Comment by JCSunsfan on Apr 21, 2022 7:36pm
Substantially, based upon my conversation with Brian, yes. It's ok.  But I should add a caveat.  Time is money.  Money parked here going sideways is the same money that could be put to use elsewhere.   You could be losing money elsewhere too.  Overall copper and Taseko specifically is probably one of the safer places to be right now.  But it is like watching ...more  
Comment by JoeStockIQ on Apr 21, 2022 8:03pm
Why everyone keeps missing an extremely important part of this equation remains puzzling. Yes, the EPA continues to be an annoyance to all except the Libs Of TicToc crowd on this board and they know who they are. Put the temporary annoyance aside for a minute and continue to remind yourself that nearly 25% of this year is already in the books at the highest average copper price ever, higher than ...more  
Comment by firecracker74 on Apr 22, 2022 12:44pm
I sold at $2.85 U.S. I'm afraid Alf was right. Biden has no intention of approving anything even though Florence is environmentally friendly.
Comment by JCSunsfan on Apr 22, 2022 12:50pm
here is the event that triggered.  New regs that make most mining permits extremely difficult.  Not sure how it will impact Florence.  However, TGB is underpriced based on Gibralter alone.  This sell off is an over reaction.  The net result is that it makes copper more scarce.  https://www.washingtonpost.com/climate-environment/2022/04/19/biden-nepa-climate-trump/
Comment by JCSunsfan on Apr 22, 2022 12:52pm
For those of you that thought getting rid of Trump for Biden would be good for business.  I told you so.  It doesn't matter how many electric cars you demand if you do not give miners and other businesses the ability to supply the materials to make them. These guys live in a fantasy world where they think they can just make stuff out of nothing by federal fiat. 
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