Taseko Mines Ltd (TGB)

[pete807]

Thanks POSH
For common sense which will dictate the future on both sides of the northern border....

The left does not have to agree with the right or vice versa, I have lots of liberal friends like you do. They are still my friends. I was raised by conservatives. Almost all folks are good people, but imo we all reflect our upbringing, no? good or bad, it is what it is. The only thing for certain is change.

The majority is always going to win. I feel confident.

TGB will win in spite of political behavior, simply because of supply and demand metrics. I don't think government dictating all mining/drilling must be halted is very smart for the planet, let alone our economy. TGB has the best, cleanest technology in the world relating to the environment and copper mining.

-pete

[pos_stock_hoarder]

Biden wanted oil supplies to factor in the "social cost of carbon". Whatever THAT is. The courts struck it down.

So, like a petulant child, he has now blocked any new drilling leases (link below).

So, with Trudeau being Joe, Jr. and already having shown what kind of damage he can inflict on his own country (the current Canadian banking crisis), yes, he could possibly make life worse for the mining industries.

It's just another investor risk that needs to be considered. With the pathetic leadership in both Canada and the USA, this risk, which was always there, just got a lot worse. IMHO.

GLTA.


https://oilprice.com/Latest-Energy-News/World-News/Biden-Administration-Halts-New-Oil-And-Gas-Drilling-Permits.html

[artfulife]

Pete,

I received your private message but I'm not a subscriber so, I can't respond privately.

Please spare me the non-constructive liberal bashing and birther beliefs.

I asked anyone on the board a very specific question and how it relates to TGB.

[artfulife]

Pete,

I'm also long TGB with a very large position, however, I've become a bit concerned about Trudeau and his invoking of the Emergency Act. Even though he has now revoked it, it seems like he's testing the waters for autocratic rule. Besides the Ukraine mess, I wonder if the recent slump in TGB share price is a reaction to Trudeau and his nonsense. He seems totally inept. Does anyone else share my concern relative to TGB?

[pete807]

Sooner or later you run out of other peoples money
(Thatcher's message)

[pete807]

I belong to a very small group of investors that follow the precious metals world wide. We have singled out TGB as the best of the best with potential. Some countries are thinking about confiscating or taxing their mines to raise money for their agenda. We left those stocks in South America. Before they elected socialists.

Do your own DD

GLTA!

-pete

[harkmi]

Support is good...a breakout even better. I've ridden this a couple times and made money everytime got q bunch of free shares...GLTA!

[pete807]

Bought this dip.

Biggest position in my account.

Much is long term. Sold pieces at the top 5 times in a year, and have a great cushion.

great find tdeck

Copper in the hopper!

[Swampdude]

Thank you sir, that chart shows a lot of support in this area.

[conix]

TGB is an interesting commodity play going into an inflationary period

[tdeck]

Hasn't hit $50 and it hasn't hit the projected $30 they were calling for by end of year but it has stayed a solid $20+ just that adds well, we all know what this is down too. 50M cats playing the channel waiting for this that etc, that permit period now starting in Feb so mid/late March game on, the govt always takes forever to drag stuff out.

It's like driving, I have had to for a but with my ma having some health issues but for 10 years I didn't, period/full stop Uber, hire car etc. Got used to it from overseas. The benefits are inumerable, but this isn't about cars, but the thing about govt made me think of it.

One of the umpteen reasons I detest driving and avoid it at all costs, the GOVT that is the TGB deal even in the home stretch. Ever go for a drivers license? I had to recently as I had always used my passport as I have residency outside the US, so my passport was my drivers license if I needed it, well got stopped, they said go get the license, 3 1/2 hours dealing wit lazy, egotistical arsehole, I am lucky I am not in jail, one could lose ther shit an rip some asss there. Buty at any rate short story made long TGB is at the DMV and it is what it is, dealing with people that make shit difficult and time consuming so that (IMHO) they rationalize and keep their cushy govt jobs sitting on their worthless fat arse, IMHO and only MHO. TGB at the DMV, period/full stop.

[tdeck]

I love how you respond a month after a post LOL. My man, you never fail to impress, watch this one my contrarian friend under $2 set $1K shares in a cookie jar and forget about them, take care.

[tdeck]

You were right on there for a minute, well done. In the end the game was the game, I just speaking of you, not negatively well if one were to take it to a dictionary yes, but not as we used to speak about one another is what I mean. I was telling my guys about the next GNUS and they were like throw it on Ihub sorry had to think, is tiresome but nah, appreciate all you cats but I just don't do the chat thing it and the describing, it is tiresome, but anyway hope thi year is good for you bar, take care...cheers.

[artfulife]

Whatever. Just sayin'

[bar1080]

Just sayin'

"Saying, "I'm just saying," puts a fire escape onto the end of a sentence. It lets you express a stern -- even rude -- opinion, but not really. You're just saying. It invites the listener to discount what we've just heard, even as we're reeling from it."

https://www.npr.org/2010/12/18/132160770/its-rude-its-crude-its-stupid-just-sayin

[bar1080]

[artfulife]

Thank you for another useless snarky opinion.

[bar1080]

Plummeting. Just sayin'. ta Ta.

[AZCUminer]

Taseko Receives Initial Draft of Underground Injection Control Permit

Source: PR Newswire (US)

VANCOUVER, BC, Nov. 22, 2021 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the US Environmental Protection Agency ("EPA") has provided the Company with an initial draft of the Underground Injection Control ("UIC") Permit for its Florence Copper Project in Arizona. Taseko's project technical team will complete a review of the permit wording within the two-week allotted timeframe, following which the EPA is expected to commence a public comment period.
Stuart McDonald, President and CEO, commented, "Detailed engineering and procurement activities are well advanced, and we will be ready for construction of the commercial facility immediately upon issuance of the final UIC permit. The Florence Copper Project will have one of the smallest environmental footprints of any copper mine in the world."
Stuart McDonald
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:

uncertainties about the effect of COVID-19 and the response of local, provincial, federal and international governments to the threat of COVID-19 on our operations (including our suppliers, customers, supply chain, employees and contractors) and economic conditions generally and in particular with respect to the demand for copper and other metals we produce;

uncertainties and costs related to the Company's exploration and development activities, such as those associated with continuity of mineralization or determining whether mineral resources or reserves exist on a property;

uncertainties related to the accuracy of our estimates of mineral reserves, mineral resources, production rates and timing of production, future production and future cash and total costs of production and milling;

uncertainties related to feasibility studies that provide estimates of expected or anticipated costs, expenditures and economic returns from a mining project;

uncertainties related to the ability to obtain necessary licenses permits for development projects and project delays due to third party opposition;

uncertainties related to unexpected judicial or regulatory proceedings;

changes in, and the effects of, the laws, regulations and government policies affecting our exploration and development activities and mining operations, particularly laws, regulations and policies;

changes in general economic conditions, the financial markets and in the demand and market price for copper, gold and other minerals and commodities, such as diesel fuel, steel, concrete, electricity and other forms of energy, mining equipment, and fluctuations in exchange rates, particularly with respect to the value of the U.S. dollar and Canadian dollar, and the continued availability of capital and financing;

the effects of forward selling instruments to protect against fluctuations in copper prices and exchange rate movements and the risks of counterparty defaults, and mark to market risk;

the risk of inadequate insurance or inability to obtain insurance to cover mining risks;

the risk of loss of key employees; the risk of changes in accounting policies and methods we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates;

environmental issues and liabilities associated with mining including processing and stock piling ore; and

labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate mines, or environmental hazards, industrial accidents or other events or occurrences, including third party interference that interrupt the production of minerals in our mines.

For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com, including the "Risk Factors" included in our Annual Information Form.
? View original content:https://www.prnewswire.com/news-releases/taseko-receives-initial-draft-of-underground-injection-control-permit-301429821.html
SOURCE Taseko Mines Limited

?
Copyright 2021 PR Newswire

[artfulife]

Cryptic.

[tdeck]

This next week, is something one should make note of, just saying. Then after go back ad try and figure out just how that shit happened. So easy it should be illegal, ta ta.

[tdeck]

Games on ladies ta ta.

[RyGuy]

Oh wait that is per kg... looks like still around $19 to $20 per pound.

[RyGuy]

Holy crap Moly is around $50 now!

https://tradingeconomics.com/commodity/molybden

[RyGuy]

Hopefully we hear about the Florence Permit soon. That would do wonders for TGB.

I'm assuming they will be getting the permit. I doubt they would spend over $20 Million on new contracts for this location if they were not certain it was coming.

https://im-mining.com/2021/09/14/metso-outotec-vsfx-solvent-extraction-tech-set-for-tasekos-florence-copper-project/

[RyGuy]

Record Copper Price by Year-End?
Last week, analysts at CIBC announced that they adjusted their end-of-year copper price forecast to $5.25 a pound, Kitco reports. The estimates are now 22% and 32% above 2021 and 2022 consensus estimates.

https://www.forbes.com/sites/greatspeculations/2021/06/01/the-race-for-copper-the-metal-of-the-future/?sh=5ce917b8319a

The International Energy Agency (IEA) was founded in 1974 in response to oil embargos the previous year that caused the global price of oil to surge 300% from $3 per barrel to $12 per barrel. From the start, the IEA’s mission has been to help member nations deal with major oil supply disruptions.

Over the years, the group’s purview has broadened to include more than just oil security, and in its most recent report, the IEA sounds the warning bell on the global supply of key minerals—particularly copper.

“Today’s supply and investment plans for many critical minerals fall well short of what is needed to support an accelerated deployment of solar panels, wind turbines and electric vehicles,” IEA Executive Directive Faith Birol writes.

According to the IEA, copper will remain the most widely used metal in renewable energy technologies. Compared to aluminum, nickel and zinc, its importance is rated high for most new energy-related projects. That’s mainly because its electrical conductivity is the second best after silver and 60% higher than aluminum. Goldman Sachs predicts that by 2030, copper demand will grow nearly 600% to 5.4 million tons.

[Rosco Mac]

Great info, thanks!

[tdeck]

Hard to find much info on it but I did find one article about Molybdenum from 3 weeks ago when it was $16.50 a pound. Had to look as the price skyrocketing had me wondering, how much higher can it go and is it not only sustainable but will/can it go higher, 2.5-2.75M pound a year isn't a lot but when it is cranking as high it is, that makes me take notice.

https://stockhead.com.au/resources/molybdenum-price-rise-asx/


The closest I can figure for their Molybdenum comes from 2019 full year results.

Molybdenum they get an add on to their copper price when Molybdenum averaged US$11.36 per pound in 2019 the resulting by-product credits per pound of copper produced* of US$0.20 $18+ per pound going forward would be an extra .30+ per pound for their copper. So it is a significant amount of money added to the kitty.

So all should not only keep an eye on copper prices, but going forward Molybdenum is getting to the point it should be eyed as well IMHO.

Peace out

[tdeck]

Just a heads up as I think many are neglecting to take into consideration the increase in production and lower AISC costs since mid May that will dramatically change all the numbers including and most importantly EPS and EBITDA for Q2 due to the sheer amount and the rest of the year it's a whole new ballgame.

The revenues were up 35-37% Y/Y due to the copper prices along with EPS
those numbers although good were nothing compared to what they will be now as they were in an inferior pit while waiting for Canadian govt to issue the permit for their main mine, while awaiting they were working the Pollyanna pit and stock piles, that all changed literally half way through Q2 as he mentioned in his write-up. That is a big deal many are failing to realize and the numbers in Q2 will show this in a big way, and going forward forget about it revenues will be up, cash flow up, EBITDA up and AISC down and the recent rise in Molybdenum prices ($18 rather than the $8-9 avg for 2020) will only further help that as with the return to their main pit Molybdenum production goes up there as well too.

Avg quarterly copper production their main pit 32.5M pounds
Avg quarterly copper production Pollyanna pit 22.5M pounds

Which should mean production for copper will be up 4-5M pounds for the second half of Q2 lets call it 4M pounds for arguments sake.

Molybdenum production their main pit avg 625K pounds
Molybdenum production Pollyanna pit avg 525K pounds

Which should mean and extra 50K pounds give or take for the second half of Q2.

Easy to see that the numbers Q2 will be up substantially not only because the price for copper and Molybdenum are up Q/Q but because the second half of the Q production is way up and going forward, forget about it they will be printing money IMHO.

https://www.wltribune.com/news/gibraltar-mine-receives-permit-calling-back-laid-off-employees/

Many forget just how big the difference in production will be now that they are back in (since mid Q2) their main money pit with softer ore, higher grades with higher through put and recovery rates.

10M pounds of copper and 100K pounds of Molybdenum a quarter is a lot and for half Q2 with those increased numbers is going to really show drastic change in numbers. Copper just stays where it is in price Q3 and Q4 will be 125%+ increase in the numbers. That is why the PT upgrade this week has zero to do with Florence as when that goes through a whole new set of upgrades and PT raises will be hitting.

Peace out.

[4Godnwv]

Out

[4Godnwv]

Bought back in this morning. 1st target is 50dma. After that it becomes support for next leg up, imo

Of course Cu has to cooperate.

[tdeck]

Missed that one, China doing it's thing but it is what it's thing, they did the same hustle and jive with iron ore, the ENTIRE world need copper and in amounts they can never keep up with by the time Florence is on copper will be $10 per pound that is just reality and if that crazy Peruvian govt does what I hope they do (as Venezuela did and nationalize) will be here far quicker than that.

New president is president there in name only, there is a stone cold lunatic Cuban educated Marxist behind him. He couldn't run because he went to prison for corruption so cannot run, which is odd I thought in SA that was a positive to run for office similar to the Democrat party here.

He has stated and wrote the parties manifesto two goals, nationalize and make laws so that they (Marxists) stay in power "forever" (his words)

Peace out

[artfulife]

Picked up another 500 sh today. 30,700 sh total now. TGB, the gift that will keep on giving. Thank you, Len!

[chaostrader]

Progress..$5 target

[artfulife]

Awesome

[pete807]

Great memory. Thanks for sharing. My Dad's cousin was 1 year younger and survived 25 missions in a B17. Got the Distinguished Flying Cross. Lived to be 98. We wrote back and forth for years. He authored articles for the Air Force News.

On one Mission to take out the ball bearing factories west of Paris he explained at 33,000 feet the head wind was 100+ mph... "we were sitting ducks". The flak was on them... His plane lost two engines and fell behind the formation. He wondered when they were alone if they would make it over the channel and why they were not shot down.

BUT... It was New Years eve 1944 and the Germans were drinking!. When they landed in England at the first RAF base many miles from their billet with 133 holes in the bird they were allowed to sleep... until midnight and were awakened to sing Auld Lang Syne!

[artfulife]

Thanks for the read, Pete.

Yes, I'm sure Len is smiling with us. I sure do miss him.

And, my Dad was a Staff Sargent who knew a thing or two about printing presses. The story he told us was that one day he was called in to a military base to fix the press that was being used during the planning of D-Day. He did so and, having learned of the top secret, was forced to remain secluded on base until after the invasion.

Never forget.

[pete807]

https://seekingalpha.com/article/4433262-taseko-mines-production-gibraltar-planned-after-permit-receipt

Lenny is smiling from his new realm! Keep the faith!

Today I remember my Dad's luck getting Utah beach 77 years ago with the 4th Division. From there is was Paris and Dachau.

Don't forget what happened. Tell the children.

-pete

[pete807]

Buy from the scared and sell to the greedy. Been working here too.

Florence mine will be built without the need for a partnership.

JMO

-pete

[chaostrader]

TGB Great company been a holder. Unfortunately, there many clowns looking for penny stocks with a pump and dump kick to it.
Jmo

[4Godnwv]

Everyone is entitled to their own opinion, but I find no comparison between TGB and penny plays. Honestly most bb/otc stocks produce nothing but stock shares. TGB is a real company with real assets. That said, I’ve flipped it three times over the last six months using the RSI among other indicators. Anything over 70 is a sell alert, anything under 50 is a buy alert. That’s of course only one way to play it. Well behaved moneymaker.

[chaostrader]

This is what a real company looks like. Focus on your subzero penny stocks hopefully, the SEC doesn't suspend any of your shell companies. I heard they are cracking the whip on those BS operations. JMO

[artfulife]

I'd say you're dead wrong. But, you do you pal.

[ThirdSyte]

Pump and dump off third party promotion.
Profit takers taking it down to. 50

[chaostrader]

TGB still holding well. I've accumulated a good amount in the low 2's if TGB falls any further I can acquire additional shares.I trade copper at times but this week i did step away. However, I do see a reversal coming. Any update with Florence?

JMO

[4Godnwv]

TGB might need to take a breath here (watch copper futures) support at 2.25, but a trip back to the 50dma could be just what the doctor ordered. I’m swinging it, out at the moment looking for a re-entry.

[chaostrader]

Of course not. The highlight is more on how bullish is the sector. JMO

[artfulife]

Funny, the article doesn't even mention TGB.

[chaostrader]

Room is asleep. Pull your technical charts once its over $2.

JMO

[chaostrader]

BOOM GOING TO $2!!!
COPPER SHORTAGES GETTING WORSE.
LOADED

https://investorplace.com/2021/06/7-stocks-to-buy-amid-exploding-copper-prices-and-global-rebound-optimism/