Taseko Mines Limited (USA) (NYSEMKT:TGB)
CAPS Rating:
The Company focuses on enhancing production of copper and molybdenum from its Gibraltar mine and acquiring and advancing development of tonnage mineral deposits.
The Company focuses on enhancing production of copper and molybdenum from its Gibraltar mine and acquiring and advancing development of tonnage mineral deposits.
Recs
I got in very recently at 3.61 and this stock is falling like a HAMMER. Do you have any insight in to why is this happening.
A few months back the Canadian government did not approve their permit to mine the newest mine that is very robost in deposits. TGB wanted to drain a lake that was very sacred to the local indian tribe. That's a long story, but the problem is resolved now and they are getting their required permits. As drilling proceeds the reults should be extremely profitable based on the assay of the mine.
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