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Strategies & Market Trends : the times they are a-changin'
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To: tyc:> who wrote (19)2/10/2002 1:16:36 PM
From: tyc:>   of 145
 
And if it is non-producers that are interesting, don't forget the Fish Lake deposit of Taseko Mines (TKO-v), also in British Columbia. The same kind of deposit as Kemess; lower grade but over a billion tonnes of the stuff.

This used to be my favourite stock. I sat through the entire court hearing when TKO sued Cominco for non-completion of feasibility study. Cominco obviously thought it was worth fighting to keep. Later they gave up their interest for a settlement that was worth over $20M to them. The stock subsequently went to $20 per share, I believe.

TKO has also bought the old Gibraltar mine and with it a technology developed by Cominco that would see copper produced right at the minesite, thus eliminating transportation costs etc.

With the propect of increasing metal prices, there's lots of excitement ahead for mining in B.C. (despite the terrible politics of the province ! gg)
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