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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 DOTradingon Jul 07, 2017 3:18pm
310 Views
Post# 26445347

RE:RE:RE:RE:Over reaction. THO should be closer to $9

RE:RE:RE:RE:Over reaction. THO should be closer to $9 Tough day for THO. This is what I was afraid of. Never underestimate fear and greed in the market. The problem is Escobal is their biggest revenue and also the most cost-effective mine that Tahoe owns. Based on Q1 Statement, 60% of net profit came from that mine alone. Being in Guatamela exacerbates this issue as we don't know the integrity of the court system. I'm not spreading fear, but I have been in this situation before and it's not pretty at all. I still have no position and I believe that the market is still searching for a bottom.
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