Post by
Mainminer on Nov 30, 2018 3:26pm
Make the Math
Right Now I consider the market price of taho for too high:
- Cash prive At 3,4 Dollars is limited to only 275 mio. dollars. Rest is Paid in shares
0,2403 paas to taho = 12,83 x 0,2403 = 3,08 Dollar conversion
so besides the upside on a escobal reopening Tahoe should be sold right Now as you get 3,5 for it.
...did I get something wrong?
Comment by
PrairieOil on Dec 01, 2018 9:37am
It's not worth selling right now until Escobal restarts and we get a bounce in gold prices.
Comment by
Mainminer on Dec 01, 2018 12:06pm
The takeover is a done Deal. Shareholder Aproval will Come. As i calculated above right Now in May oppinion it does make sense to sell. A bounce in silver or Gold should not have Any impact besides a rising paas shareprice.... did somebody actually calculate the takeover bid ?
Comment by
PrairieOil on Dec 02, 2018 11:14am
This is my point, I was in on THO strictly for the Escobal restart which would have propelled the stock back to the $8 cad range. Now it's locked @ $4.50 until the deal goes through and my shares turn to PAAS. There will be more value added holding PAAS with a gold recovery than selling at current price. Dyodd.