$Taseko Mines(TGB.US)

is one I’m watching closely after its latest Q1 results. I do think the latest earnings gave the trade a stronger fundamental backing.

Taseko reported a stronger quarter, helped by Gibraltar production and the early contribution from Florence Copper. Gibraltar produced 30 million pounds of copper, up 50% YoY, while Florence is now starting to ramp up after producing its first copper cathode.

What I like is that this is not just a copper price story. There is actual operational progress behind the move. That said, I’m still watching the risks closely, especially cost pressure and whether Florence can ramp smoothly.

For now, I’m holding and watching whether the earnings momentum can help TGB recover closer to my entry.