Taseko is expanding its Gibraltar copper mine to over 100 million pounds per year by 2011 with a projected cash cost well under $2/lb. Taseko is also developing the world-class Prosperity gold-copper project in BC. With 4.7 million ounces of recoverable gold plus 2 billion pounds of copper in Proven and Probable Reserves, Prosperity is a very significant project. [Jan 16, 2010] [Tom Szabo]

Our proprietary model values Taseko at significantly higher than the current price and we are awaiting a pullback or technical signal to begin accumulating shares again. For more about our proprietary model, become a subscriber of The Metal Augmentor. [Jan 16, 2010] [Tom Szabo]

Environmental opposition to the Prosperity project could go a long way in explaining why Taseko continues to trade so far below our calculated fair value, see here and here. However, Franco-Nevada's strong vote of confidence in the project gives investors hope that such resistance can be overcome. [June 10, 2010] [David Zurbuchen]