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Taseko Mines Ltd. Message Board

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  • retaoba retaoba Jun 10, 2011 10:03 AM Flag

    May see high 2s

    LOL - not likely.

    Even in Canada they have book value and asset valuation, and this company owns a LOT of inflation resistant assets....

    They just can't get out thier own way to develop them....doesn't mean that someone else won't do it though.

    In fact, I believe that is THE sigle most likely event that would unlock shareholder value, a sale.

    It may take a couple more years, it may not. But if you are out, you will get zip. And if you you are naked short when it happens, you will lose a lot of cash.

    Weak hands will be shaken out near term, shorts will make some money, and prudent investors will lower their cost basis...

    This is not a biotech stock, internet company or lousy manufacturing company. We are talking metals. In the ground. I would rather buy shares of TGB right now at this price than buy LinkedIn at their price...

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TGB
1.95+0.01(+0.52%)Sep 18 4:00 PMEDT

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