Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (3916)	12/31/2005 9:27:55 AM
From: tyc:>	Read Replies (1) \| Respond to of 78408

Reminiscences. Years ago I used to be called "the Taseko Kid". I had all my clients in it at the .20c level. That was before the Hunter boys got involved and when Cominco had the option on Fish Lake (now "Prosperity"). I sat through the trial in which Taseko tried to shake loose from Cominco's option. Then came the Hunter Bros, and bought out Cominco. So I agree that TKO is a most interesting. However, life is short !

To: loantech who wrote (3916)	12/31/2005 11:44:11 AM
From: zoo york	Read Replies (3) \| Respond to of 78408

Hi Guys! From my point of view TKO is damaged goods because of the way that management handled issuing the last two placements. There was a definite stink to the whole process, and the way the stock traded immediately before each announcement. I would think that management has the responisibility to ensure through best efforts that each placement is offered at the highest possible price, thereby limiting the dilution for shareholders. However, one could argue that it appears management was either negligent in that regard, or worse, complicent to allow the share price to suddenly tank immediately before announcing each placement. Since insiders were significant participants in these share offerings, whose interests were being served? I also have operating concerns for Gibralter, and I wonder if too much of the revenue is going to pay for the contract with Ledcor to run the mine, and then another chunk of revenue is eaten up by admin costs for TKO, so at the end of the day, there is not much of the cashflow left to go to the bottom line. Mind you, I have not read through the latest quarterly numbers, so perhaps I am overstating the impact on results. I made some nice profits from TKO in 2003 but I have been out of it for some time. cheers! COACH247