Taseko Mines Ltd T.TKO

copper price

[nofluff]

Raising all boats. Ncu rising the quickest. Up 80% off bottom. Not even any updates. Although they have layed off most contract miners and are advertizing for long term empoyment for ore mining.

I am on hold for swing trading for a bit. Hope everone sold and bought right.

nf

[JCSunsfan]

Should have done more of both.  Too much cash sitting by without working.  NCU does seem to be recovering.  Bought a few of those.

[nofluff]

Your comment made me think about closing out the 4.75 call for h1,  2023. They will probably break even for this years insurance buys and sells by end of Aug. By then I expect copper at 4.00 plus. So to buy a 50 million pound call at 4.74 with copper headed up would be about 10 million or more. I would do that and then get out of the insurance gamble and stick with mining. Might get it bought

[JCSunsfan]

History tells me that TKO brass tends to be conservative to pessimistic in their copper price predictions, so I doubt they would be motivated to do this. 

[nofluff]

History also shows that wise people learn from history j.c. In there 10 years of price protection, I would venture to guess that they are down several million. The insurance company always wins in the long run. 55 years ago, I went to work and bought my 1rst car. Put the cheapest insurance on I could. I have the cheapest insurance on my holdings. Mainly, fire. Never any life insurance on myself

[JCSunsfan]

That little nibble of mine in NCU is actually making money--on paper.  Actually selling it without sinking it on such low volume would be the trick.  Would have to be in little bits. 

[nofluff]

Yes j.c. I sold some today at 25% profit. So that turned my 3.00 swings to ncu into 3.50. It did halt it in its tracks and drop it a penny to .395. I could do a swing back to tko. However, I am short powder, so just put it in the shack. When they start updating, volume should pick up. My colts are looking good. nf

[nofluff]

By the way. That was ncu 1rst bag:)) nf

[metalhead666]

FOS demented loser with the writing skills of a 5th grader...ALL your KRAP is near 52 week or all time lows with one on the verge of bankruptcy...STFU! 

[spitfireIVX]

LOL metal head is a bit like a rusan helicopter just before it gets hit by a stinger, shoot out a lot of flares, but goes down in flames anyways.....