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Taseko Mines Ltd. Message Board

  • ronbromley45 ronbromley45 Apr 1, 2011 12:51 PM Flag

    Taseko could be next target.....

    Just wondering.

    Could Taseko be the next company on someones radar considering the Lundin Mining merjer failed?? Taseko seems to forming a nice uptrend here. Considering the world is in short supply of copper, I would think someone would make a bid for Taseko now before the stock gets higher. Any thoughts....

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    • hate to rain on your parade but most buy out prem,s are in the 20/30 % range,unless theres a bidding war.that put tgb in the high seven,s from current. lol

    • I see TGB as a prime acquisition target. Based on the value of the properties held, and the fact that I believe that this company is currently undervalued compared to it's peers. I would be disappointed to see TGB go for anything less than $12+ / share. given current or higher CU prices and current or higher AU prices. Although, it would probably take more than one suitor to hit that price point.

      Perhaps more realistically, although I still would be very unhappy to see any initial bids less than $9 / share, that range is more realistic barring any other catalyst in the stock price. With P, A, and H properties, plus the current production, I do not see that price as being at all out of line.

      Either way, I will gladly pocket my gains and whistle as I walk away.....

    • Thanks Daercelmucha, missed that sale, poor research on my part. Hope this won't be a standard range. Do you happen to know how many shares were held by officers and their cost.gltu...frog

    • Farallon sold after Continental. 20% premium.

 
TGB
0.4821+0.0221(+4.80%)Aug 28 4:00 PMEDT