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Taseko Mines Limited (TKO.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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2.1600-0.1000 (-4.42%)
At close: 4:00PM EDT
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  • M
    Miner_Investor
    Draft EPA permit news. In Zoom presentation yesterday to Torrey Hills Capital, Brian Bergot, Taseko VP of investor relations stated: "...we have weekly calls with the EPA and we have a rough schedule...right now how we see it based on what we know is we should get a draft permit in the next number of weeks. It could be May, either late April or May we'll get that draft permit. Then there will be a 45 day public comment period
    and then shortly after that wraps up they'll issue the final permit." For those who want to hear this for themselves: https://www.youtube.com/watch?v=JhVYL-SbRCY starting at the 30 minute point. Bottom line - we're looking at a few weeks here before permit news. - Miner
    Taseko Mines (NYSE: TGB & TSX: TKO) Zoom Presentation - April 7, 2021
    www.youtube.com
  • a
    anthony
    Is the final F permit in jeopardy ??
    Sure feels like it today and the past several weeks
  • P
    PhogPhan
    I'm liking this copper price move. Looking forward to $5 copper, Florence approval and $20 TGB
  • M
    Miner_Investor
  • L
    Larry
    Taseko recently announced the purchase of put options covering 41 ml pounds of copper in order to protect their revenue stream in the future in case the price of copper falls below $3.75/lb. This has been an effective strategy in years past. Taseko mine's the metal, but they have little or no control over the price of the commodity. This way they are assured of $3.75/lb if the commodity price falls below $3.75/lb, within the time constraints of the put options.
  • d
    dan
    Can anyone explain the reason why Taseko just announced the purchase of put options covering 41ml pounds of copper? I read the article but still don't under stand. Search;
    'Taseko Mines Extends Copper Price Protection Strategy'
  • M
    Miner_Investor
    The case was ultimately about the Town of Florence trying to get their court costs back and the court reaffirming Taseko's ability to in-situ mine on property that fell within the city limits. 1.7 million is not significantly material to Taseko and had the decision gone the other way....it would have been the cost of doing business... The REAL news is that Russ stated they now have all the funds required for production at Florence. No mention of a JV which is good news in my book.
  • C
    Celty
    FCX has been getting hit too.
    I can't read the markets.
    They talk about gap growth and Global demand, yet the market is acting like a recession is on the horizon.
    Even my crypto miner is disappointing today.
  • a
    anthony
    looks like we just broke trend and r on our way up again!
    need to close at $1.79 or higher
  • T
    Tim
    Copper is heading back up but I don't see why the sudden increase.
  • M
    Marc
    Sold everything.

    Management very shareholder unfriendly.
    There are better chances on this market.
    To much risk for now.
  • G
    Glenn
    This should be much higher!

    Copper is being gobbled up in redhot housing market and EV cars. Next up is massive infrastructure bill that Congress is about to discuss and will spike demand for copper and don’t even get me started on the expansion in Asia.
  • P
    PhogPhan
    I have no words. We finally have consistently > $4/lb Copper and the share price continues to drop
    I'd say management is as upset as I am, except they apparently thought 80 cents was a great price to dilute at
  • P
    PhogPhan
    I guess the dollar just keeps rallying because the US picked the right vaccine horses and the states are doing such a good job of providing them.
    But the market is dropping because the new powers in DC are out to destroy the economy with continued lockdowns, Marxist policies and a 1984 style regime.
    That's my read of the current price action around commodities, stocks and treasuries.
  • R
    Rick
    Check tgb home page. New info from florence
  • g
    gene_genome
    Company Updates.. March 22..Williams Lake Tribune: Gibraltar Mine protecting and managing water..
  • a
    anthony
    FN appeal on the market's mind today!
  • a
    anthony
    why the sudden tank?
    CU still over $4
    anyone??
  • d
    dan
    Anyone surprised at the Oak Flat, Arizona land swap reversal by the Fed? Millions poured into this copper mine project.
  • C
    Celty
    Nothing to do or say until this temper tantrum over the 10 year fizzles out.
    I'm holding what I'm holding, and trying to build cash. paycheck to paycheck, to add to down positions.
    I will add here too, if I can.