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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 > Back In The Saddle by Joe’s
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Post by JoeStockIQ on Dec 19, 2024 1:18pm

Back In The Saddle by Joe’s

After selling the bulk of our shares at the $3 US mark, we continue to pick up new shares in the $1.90's US. As previously stated, very low risk in doing so at these current levels. We picked up the first batch a few weeks back at this same level, saw shares move up to the $2.15 range before coming back to today's $1.91. Expect more swings like this over the year to come before Florence eventually comes on line. Great time to invest in TGB today, take advantage of these fairly significant dips in share price and you will be handsomely rewarded from 2026 forward.
Comment by Mrbeau23 on Dec 19, 2024 1:29pm
You haven't been wrong yet in your predictions JoeStockIQ.
Comment by metalhead666 on Dec 19, 2024 5:39pm
Don't disagree but I'd be very wary regarding the "market" and economy. Rates are ripping higher despite Daddy Fed.  There will be blood. We could go from all is well to a deep recession very quickly not to mention a market crash. Copper will be back in the $3s and regardless of how well positioned TGB is, it will go down with the ship. Maybe not as badly as other names in ...more  
Comment by JCSunsfan on Dec 19, 2024 6:12pm
  It was a smart move Joe.  Really turned out for you.  I think I sold about 40% of my holdings in the $2.60's and have been picking up a little at a time from $2 to 2.15.  Haven't bought any under $2 yet, but I have have some room to do some more buying.  I just have a hunch the entire market is going to go lower and I want some cash for better deals. 
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