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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

Post by mountainposeon May 02, 2017 7:05pm
180 Views
Post# 26195341

Gold $1276 US + FX 39% CDN = $1773.64 Canadian gold. Tahoe

Gold $1276 US + FX 39% CDN = $1773.64 Canadian gold. Tahoe now produces in two low cost jurisdictions and is paid in the highest currency in the world. We win big time. Low petro also means low cost for tires, fuel, electricity etc. All costs including interest rates are at record lows.The product we produce is getting some of the best prices in years in Canadian dollars. Profit margins are at record levels. We should all be grateful. Keep an eye on any other producers that have these advantages as well. Luck is on our side now. If gold and silver head higher the Canadian precious metal producers will scream higher. I'm very surprised we don't have more take over activity in the area. Lakeshore bought West Timmins and Tahoe bought Lake Shore. West Timmins was run By Darin Wagner who now runs Balmoral. Balmoral has one of the best plays in the world just now. You would be wise to look at Balmoral. All these CEO's trust each other and sit on each other's boards (including Mag silver). And does anyone know when will it will ever stop raining! GLTA
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