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Gold/Mining/Energy : Taseko Mines Ltd. (TGB) -- Ignore unavailable to you. Want to Upgrade?

To: James Hutton who wrote (413)	2/24/1999 1:03:00 AM
From: npguy	Read Replies (1) \| Respond to of 572

I found out about the options granted to the officers sometime ago, so I am not taken aback when going through the proxy. I am curious about Item 3. on page 9, 2nd sentence in paragraph two: "Under the terms of the JVA, CELP was able to delay the Company's ability to rapidly.....if CELP became unable or unwilling to raise additional funding..." to justify issuing 1.6 million shares to acquire Concentrated. Why enter into the JVA to start with? The JVA was entered into in Sep. 98. More or less over on Jan 15, 99. Maybe I am reading too much into this. Anyway, the encouraging part about all this is Hunter and Dickinson have put in their own money. Particularly Mr. Dickinson.