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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 > Buy, Buy, Buy
View:
Post by JoeStockIQ on Dec 26, 2024 1:32pm

Buy, Buy, Buy

Anything under $2 US is, obviously in our opinion, free money. This holds true for both types of investors: buy and hold or short term swingers. For the buy and hold group, keep purchasing under $2 and don't think about selling until Florence finally hits full production of 85M ppy starting in year two of production. Short term traders are a different animal. The next twelve months will be interesting to watch as Florence nears completion. In our view, very few people are paying attention to extremely relevant news: completing the project under budget and potential tax windfalls. Crazy, right? The news is out there but has yet to register. A tipping point will eventually occur. When that happens, who knows. So much potential upside for an easy double in share price. Take advantage.
Comment by JCSunsfan on Dec 27, 2024 1:04pm
This stock is followed only by a few.  It has a fairly small market cap, and its low share price limits some funds from buying it.  They have rules against buying stocks under $5 per share (which seems silly to me).   This has been de-risked almost completely.  Permit is in hand, funding is in hand.  The only risk is a drop in copper prices, but they have effectively ...more