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Tahoe Resources TAHO

"Tahoe Resources Inc is a mining firm. It is engaged in the operation of mineral properties for the mining of precious metals in America."


NYSE:TAHO - Post by User

Comment by George98on Apr 19, 2018 6:31am
347 Views
Post# 27909216

RE:Timeline?

RE:Timeline?Yes nobody can guess when THO will resolve the problem in Guatemala with Escobal. However the area is prolific with  good  potential.I was checking Honduras the other day, next to Guatemala. In Honduras there is Ascendant Resources (ASND), a new zinc and silver producer with zero debt that generates significant free cash flow  from a prolific zinc and silver mine in Honduras. ASND's current Enterprise value is under 2 times its 2018 EBITDA. This is dirt cheap. So Guatemala has potential too but Escobal is an issue with unknown outcome.
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