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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 > $1.15 drop
View:
Post by Cognition777 on Jul 04, 2022 10:15am

$1.15 drop

In Q1, copper rose $0.33 and TKO reported a unrealized loss of $7.5m and a realized loss of $2.3m that expired.
In Q2, copper has dropped about $1.15.
On paper, TKO should have a decent bump in their Q2 earnings report with 6 months of $4.00 puts in place as of June 30th.
Comment by metalhead666 on Jul 04, 2022 11:05am
So what?  The stock is going back to 50 cents without the Florence permit.  After their hedges mature they'll be losing money. The unfolding global recession/depression will see to that
Comment by Cognition777 on Jul 04, 2022 12:51pm
so what? The sun is burning out and eventually the earth will be uninhabitable. After that, no mine on earth will be relevant.
Comment by metalhead666 on Jul 04, 2022 12:56pm
Ok, so do you want to be richer or poorer between now and then?
Comment by nofluff on Jul 04, 2022 1:41pm
Not trying to b contrary cog. But I 100% disagree that the sun is burning out:)) Some stars do burn out for sure. However, the small sun, seams to be in a very stable state. It appears to through little gravity interference be able to recycle most of the nuclear heat expelled. It also is constantly harvesting asteroids as they pass by.. Of course, I am just parroting what some scientists say. I ...more  
Comment by metalhead666 on Jul 04, 2022 3:15pm
You can't have an IQ over 70 Gump....that's about the most stupid thing you've ever written.  It's "seems" not "seams" like in your pants....do yourself a favor Gump...stfu. 
Comment by spitfireIVX on Jul 04, 2022 8:29pm
You know that elements heavier than Iron take more energy than they give off during the process of fussion, right?  5 billion years left, but it will grow in size and kill earth long before that.  But yes, we will still be waiting on the permit in the mean time!   :-(
Comment by 2024golden on Jul 04, 2022 2:44pm
.....we may still be waiting for the Florence permit!
Comment by nofluff on Jul 04, 2022 12:22pm
Stock market has been brutal. Hopefully some good h2 guidance coming up. Tko has been a bit more forthright in the last year.  nf
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