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Pennyperson (< 20)

Stock up FOOLS!! Taseko Mines Ltd is ready to roar

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November 02, 2009 – Comments (4) | RELATED TICKERS: TGB

To good to be true - Stock up my fellow fools – this one is set to rocket>>>>>>>Taseko Mines announced a 70% increase in mineral reserves at its 100% owned Prosperity Project, from 487 million tonnes to 830 million tonnes. The reserve increase will add 3.0 million ounces of recoverable gold and 1.6 billion lbs of recoverable copper to the Prosperity reserve base, bringing total recoverable metal to 7.7 million ounces of gold and 3.6 billion lbs of copper.  This increase in recoverable metal, under present mine design criteria, extends Prosperity's mine life from 20 years to 33 years.Prosperity now has the “largest” gold/copper reserve base of any mining project in “Canada”.The 64% increase in recoverable gold and 80% increase in recoverable copper will allow Prosperity to operate for over 3 decades.  BTW – as a BONUS, we can’t forget the molybdenum.

4 Comments – Post Your Own

#1) On November 03, 2009 at 10:55 AM, Genoph (< 20) wrote:

This plus an expected favorable enviormental permit expected by the end of the month.  TGB has been my bet for some time.  Time to pay off!

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#2) On November 05, 2009 at 12:01 PM, darkknight266 (84.51) wrote:

I had about 20,000 shares in TGB and yesterday bought 13,500 more. Its going up. I have done a lot of research, talked to analysts, and it was definetly going up before the increase, now I expect it to go up withing the next Month. In march there will be a second increase

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#3) On November 05, 2009 at 12:15 PM, acoxen2009 (< 20) wrote:

Any guesses at target price in 6mon to a year?

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#4) On November 13, 2009 at 4:28 PM, ndfaninsb (99.25) wrote:

They reported quarterly earnings today and the stock lost 2%. I thought they did good considering that they warned about a lower qtr over a month ago. Oh well I bought some more today. I still love this stock, cant wait for prosperity to kick in. Did you see the NEGATIVE $300 per oz and thats assuming gold prices of under $700 an oz. Wow!

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