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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 ch08532on Feb 10, 2017 8:14pm
489 Views
Post# 25831771

RE:Why is this stock so hated?

RE:Why is this stock so hated?I suspect the issue is investors are taking a wait and see approach before bidding the stock up.  The 2017 capex requirements freaked out the big players and knocked it down from 15 to 12 early January.  It's been stuck in this tight trading range ever since.  I believe the stock will move up but will be choppy until the investments start to bear fruit.

The good news is that it's starting to look cheap vs the peer group.  Tahoe has great resource base and is cash flow positive. If gold continues it rise the stock will get rerated.


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