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Taseko Mines Ltd. Message Board

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  • retaoba retaoba Jun 29, 2011 11:31 AM Flag

    Opinions Long Term

    I don't know what you mean GJ? I am very bullish on TGB longterm. I just think that the current Mgt team has shown a great deal of ineptitude in the area of operations and politcal savvy. I respect what Russ has done in the past, but there comes a time in nearly every company when the primary driver needs to step aside and let people with more suited skill sets take over.

    I do not agree with the way the politcal climate has turned in Cnada over the last 10 -12 years or so, but it is the reality and it needs to be dealt with as it stands. The courts and the government are NOT going to provide any relief or apply common sense. Also, TGB needs more financial muscle to develop these properties in a quick and economical manner.
    So yes, I think Russ should sell to a bigger outfit for all the reasons I have outlined here previously.

    I am not suggesting Russ roll over and give TGB away. In fact I believe Russ would be crazy to accept less than $9-10 a share though even without a permit for P in hand. In fact, playing his cards correctly he could get more.

    However, if P gets turned down a second time, he would be very fortunate to get $6-7.....

 
TGB
2.05-0.05(-2.38%)Apr 15 4:00 PMEDT

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