Short term pain, long term gainFriday's 14% haircut attracted me to do some DD on Tahoe and the killer is the capex for 2017 exceeds the cash in the bank account. 50M/q cash flow will help assuming gold stay near 1200 USD. Lake shore assets are not the cheapest to run. Sadly all mining companies, at some point, need to extend resource base and thus invest capital to grow the business. I'm gonna keep my eye on this one. Still need to do more DD before I buy.