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Taseko Mines Ltd. Message Board

  • kolizacr kolizacr Nov 2, 2009 10:21 PM Flag

    Have you ever heard of negative costs?

    Prosperity now has the largest gold/copper reserve base of any mining project in Canada. At present gold and copper prices the projected operating costs per ounce of gold, net of copper credit, will be negative US$330/oz. With the size of this reserve and the longevity of its mine life, Prosperity will be one of the great mines of Canada. The 64% increase in recoverable gold and 80% increase in recoverable copper will allow Prosperity to operate for over 3 decades.
    And remember, their estimates are CONSERVATIVE!!!!!!!!!!!!

    I just hope some MM try to manipulate this stock so that we can get the chance to load up more at lower prices. If no dumb MM found, what the heck we still load up in 3s as this is now a $14 stock.

    I don't see it happening but also hope they do not sell out to one of the majors too fast, too cheap - this is a milestone beyon anyone's dreams.

    Patience is definitely a virtue and you can always tell your children how you bought a penny stock that became one of the greatest miners

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