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May 12, 2010 / Jeb

Taseko (TGB) Mines, Pullback Gives Another Buypoint

Taseko (TGB) Mines just concluded the review panel hearings where the outcome will be a recommendation to the minister of environment.  This is the preliminary steps needed before federal approval.  British Columbia has already reviewed and approved the Prosperity Mine.

This project would be very positive  for the local community as it would support the local economy.  Franco Nevada today purchased a gold stream agreement which will provide more collateral to Taseko to receive the full financing to build the 800 million dollar massive mine.

The chart shows a pullback to the long term trendline and 100 day moving average providing another opportunity to buy before news of the panel’s recommendation.

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3 Comments

Leave a Comment
  1. lou / May 12 2010 10:02 pm

    thanks so much! one step closer to retirement !

  2. Anticipate Opportunities / May 27 2010 4:15 pm

    Great Lou…I know you have been a loyal subscriber and always appreciate your feedback and loyalty.

Trackbacks

  1. Gold Stock Trades on Taseko Mines – Market, Economic, Social, Political and Life Commentary by Peter Grandich

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