Tuesday, March 10, 2020

Taseko (TKO.t) for Dummies revisited


Things have not been going well for the good ship TKO. Copper prices are sewering again, now around the $2.51 level and that guarantees multi-millions in operating losses for these terds. The nearly ten year rubbish regarding the Florence copper IS operation continues and this observer says it ought never happen ever because it will corrupt potable water in Florence forever. The news on that is still MIA.

Most recently the boys announced a whooping net loss of $68.6-million (28 cents per share). The HDI group are world famous for attempting to pound square pegs through round holes and believers likely get what they deserve.