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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 > Cup V. Clubfoot
View:
Post by JoeStockIQ on Dec 23, 2023 4:26pm

Cup V. Clubfoot

Interesting "debate" between Cup and Clubfoot as our group is in the middle of the presented thoughts. We're not at all sold on solar and wind as viable energy options at this time. Ditto on the current status of the EV evolution. Efficient charging stations for the supposed upcoming EV boom remain a "Uge" problem....world wide. The necessary infrastructure simply doesn't exist at present and the planning / implementation of sufficient charging stations / routes is woefully behind where it should be. Gas, NG / LG and coal remain far cheaper / better economics than solar / wind. The EV evolution is being pushed wayyy to fast. That said, copper prices should / will remain strong on the standard supply / demand theory of economics. The previously "predicted" surplus of copper in 2024 has already been revamped by the "experts" to now in balance but they usually end up being wrong on the side of a bigger deficit than they had originally prognosticated. 
At $3.75+ US copper, Gibraltar is not a boat anchor. Gib has never been, and will never be, a top tier mine in terms of output. Grades have always been at the lower percentiles, no surprises. Gib is what it is...it pays the bills and keeps the company afloat while they move forward with other projects. NP was a "Uge" kick in the teeth but they still managed to keep grinding until finally getting Florence into construction. Taseko share price remains mired where it is for a variety of reasons discussed ad nausea. NP history, low grades at Gib, financing challenges, etc. 
A producing Florence changes everything. Gib will keep churning along until Flo comes online. The big "reset" everyone keeps waiting for will happen, it's only the when that remains nebulous...but it will happen. 
We've never been pie in the sky investors in TGB regarding share price. The one thing we remain confident with is that TGB will be a $4 US stock once Florence is in production. From today's prices, along with our historical average cost per share, that remains an outstanding return on investment...even if it did / does take a bit longer than originally thought.
Comment by cupricity on Dec 31, 2023 2:09pm
Whether you are sold or not India just greenlighted 30 gigawatts at 3.3 cents per kilowatt hour. China built 200 gigs at 3.5 cents last year and UK got 33 percent of their power from sind last year. 3 gig wind farm in UK firm price 3.6 pence kilowatt hour.  But solar is gonna really drop power to the floor. And guess which state produces the most solar and wind?  Texas  It's not ...more  
Comment by slewfoot2 on Dec 31, 2023 6:07pm
eye think u r quite wrong in the price per kw ... the india project is 40 b plus.   soloar produces at aprox 25 % of nameplate at best.... a bit out 2 lunch cup.... seams u r maki g up numbers
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