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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 Bottleson Mar 12, 2017 10:13am
309 Views
Post# 25969172

RE:They're making money

RE:They're making money"Hard to pick a support level with this one."

That has proven to be the case to date. Unlike some of the other miners I own like CDE and AG, however, is the fact that TAHO pays a dividend. At some point, that div yield will factor into support and at better than 3% (US side), I think we are pretty much there. Going forward, the risk and reward ratio looks to be in par with the other miners I have mentioned like CDE and AG (not to leave out others) for that time when PM prices do infact turn around. Til then, and IMO, it makes sense to be more weighted in TAHO as oppose to the others just because one can collect the div as one waits for that eventual turn around. With that in mind, any additional weakness in the SP where the Div is viewed as safe forces the hand to buy more. I can't say this about most other stocks in the sector and in due time, I think others will come to the same conclusion.

GLTA

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