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Gold/Mining/Energy : Taseko Mines Ltd. (TGB)
TGB 7.620-11.4%Jan 30 9:30 AM EST
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To: Michael July who wrote (390)9/24/1998 12:23:00 AM
From: npguy  Read Replies (1) of 572
 
I don't think Taseko's IRR ever get to 20%. That's why
they did the angle re-drilling. To achieve IRR of around
20+%. However, with the gold prices going south, we are
back to where we started at. Personally, I doubt management
has any intention (and capability) to bring the mine to
production. I suspect that's the reason why the studies seem
never ending. Any word of when the bankable feasibility
study will be completed? The word is, another round of
financing is planned to complete this particular study.

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