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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 > Tree shaking.
View:
Post by cupricity on May 22, 2024 4:09pm

Tree shaking.

Lots of volume, lots of traders, and some needed consolidation today.   On TMX money our current PE ratio is 12.5 which would be a 4.00 copper price and 1 mine running.  Still very cheap.  Lots of money to be made and the larger players are paying attention to this stock.  As we approach 5 dollars US there will be some significant buyers coming online.  We are trading at 7 times earnings on Gibraltar alone.  Florence will be making 350 million US or 500 cdn on florence alone in 24 months likely.  That's 2 bucks a share profit.  4 bucks is too cheap to sell.
Comment by slewfoot2 on May 22, 2024 4:53pm
umm cup... u sound quite emontional.... u r missing the facts,    tko is overbought, due to copper price hype.... copper fundementals dont change overnight , nor does Gib.... step back and re read last quarterly report and you can see the headwinds coming, do a quick fcf calc then x by 4 or 5.... add $1 for florence.... that is wear sp should be.... its knot rocket science.... u seam 2 b ...more  
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