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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

Bullboard Posts
Comment by huxleyon Apr 06, 2002 1:32am
148 Views
Post# 4972703

RE: You Gotta luv

RE: You Gotta luv I perfectly agree with all the replies to this post. There is no need for people to be scratching their heads and wondering about the present market prices. The clever answer, as far as I am concerned, to the question why are they trading at $ 0.11 is of course the lack of revenues. It doesn't help you that you have got the world's greatest product if you can't sell as much as one unit of that poduct in the relevant markets. This is exactly the situation here. The market is pulling back and waiting. If THO don't make substantial sales during the next 3-4 months after the release of the new product line (supposed to be released this month) then they are finished. Nobody in their right mind will bother to invest as much as a wooden nickel in THO in that situation. If on the other side it turns out that there are actually companies out there willing to shell out good, hardearned money to buy this product we should see a change in market perception and a complete turn around in trading. I think this is reality. The good thing about the whole thing is that most of the waiting is over. Management don't have years ahead of them but only months. Now it's do or die. huxley
Bullboard Posts