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Taseko Mines Ltd. Message Board

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  • retaoba retaoba Apr 25, 2012 10:30 AM Flag

    TC warns

    I have both TC and TGB. TC becuase I'm smart, and TGB, apparantly, because I'm not as smart as I think...:-) .

    Really don't see why anyone would be down on mgt at TC, especially if they put up wth the magt at TGB. TC has had some issues relating to cost over runs that have been primarily driven by macro conditions in the mining industry as a whole. They have not experienced anything that any other mining company has not dealt with, and they will have a very nice operational asset up and running by Q-3 2013 (say, 5 quarters from now). At any measure, that would make this stock look cheap at twice the current price, moreover, it will also make TC a serious and diverse revenue producing operation, all of which TGB is not.

    I still like TGB (doG knows why) and I was lucky enough to exit half of my position at a profit last year before it fell underwater. Kicking myself for not divesting of all of it an buying back in at these levels obviously.

    This company cannot even run ongoing operations with any degree of competency.
    Seriously - it seems like mgt here could mess up a wet dream.

    I am hoping for P approval, or a buyout (please - universe, TCK, FCX, BHP, anyone hear my plea!, sombody, anybody buy this asset...).

    At least it's a better shot than a lottery ticket....lol. Sadly, this is not my worst spec either...

    Having said all that - I would still be a buyer at these levels if I did not already have too large of a position in this puppy already.

 
TGB
2.19+0.01(+0.46%)Aug 29 4:00 PMEDT

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