Taseko Mines Ltd T.TKO

Slew math knot sew gud.....$10 stock....

[metalhead666]

Florence spits out 80 million lbs at $1 per pound.....At $5 copper that's $400 million profit....80% of that is $320 million to TGB or more than $1 per share in earnings for a long long time.  Discount this by 50% and it's still a $5 stock once up and running not counting any contribution from Gibraltar at all. Absent an economic collapse...which is on my radar.....we'll see $5 copper in the years ahead and if you believe the big dog gurus in the industry we could see $10 copper.  I bought back in at $1.35 after trading it a few times.  Will hold it and Arizona Sonoran as my 2 copper plays and will build positions on weakness.  I can wait a couple of years for bags.

[AlwaysLong683]

I like TKO for its 100% owned and fully permitted Florence project. Not a big fan of ASCU as they went the JV route. I don't think their remaining permitting will be a problem though as Arizona is a very mining friendly district. but I like the upside of TKO better (possible takeout of entire company?). Hoping TKO doesn't enter a JV agreement for the remaining financing.

[JCSunsfan]

I think the financing is already pretty much finished.  

[nofluff]

Copper is headed up a penny a day for the last two weeks. That is nice and steady. 6 or 7 dollar copper by year end is doable. Copper just broke 3.90. Happy hoping:)) nf

[nofluff]

Stand corrected. I think that is 2 cents per day. nf

[cupricity]

Rising copper price puts a nail on the coffin of more financing as Gibraltar pays for it all and likely kicks out a healthy profit.  Meanwhile NP is a wildcat and Yellpwhead is moving forward.  The local first nation's appear to be very pragmatic.

[slewfoot2]

tko only controls 80 percent.... tko knot a thret 2 b taken out cause gibralter is a boat anchor ank tko has lots of debt .. .   if problems with florence  this companty will be 50 cents again