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Bullboard - Stock Discussion Forum 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 Discussion

Tahoe Resources > The Toronto Globe and Mail's article implies all of 4 things
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Post by peep2 on Sep 15, 2017 7:41am

The Toronto Globe and Mail's article implies all of 4 things

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTHO-2505429&symbol=THO&region=C

(1) That CALAS's court case on behave of the nearby indigenous people can 
proceed and will be decided by the higher constitutional court in 12 months 
or so. (2) Therefore CALAS's and the indigenous peoples' continuous road block 
and protest is legal because of that. (3) But given that THO's suspension to mine 
has been lifted, THO has the right to use the public road. 

Therefore (4) the status quo or like it was before the suspension is in play, and 
THO's can use its private security force to forcefully but non violently, clear
the road for THO's vehicles. 

The article also implies that THO's share price has a $9 to $10 target right now, 
if THO will just get back to work and to the status quo aggravating working
process on the public road.
Comment by geoffs13 on Sep 15, 2017 8:48am
Best guess which way it shall go ?????
Comment by stephenson1 on Sep 15, 2017 12:06pm
My guess is that the 52 week low of 5.31 is in place already, and the 52 week high will not be surpassed. That was easy. Guessing is a mug's game, but I am a mug, so my guess is that we will be higher by year's end. How much higher depends on so many unknowns it is impossible to predict. But today I dipped my toe in the water and bought a few shares.
Comment by peep2 on Sep 15, 2017 12:19pm
THO should be opening the silver mine next week unless they have appealed to the constitutional court to have the road blockers stopped and waiting for that decision that could take a month. But the question is how would they be stopped now, without creating an international incidence about it. Guatemala tried forcefully once and giving jail time, but then taken back because of world opinion ...more