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8/11/17

The bottom line to Tahoe Resources (TAHO) (THO.to)

In order to blanket-answer a few mails.

It is indeed one of the worst run companies in the whole of mining (and my stars there's competition), I mean how could anyone take a deposit as good as Escobal and make it fail? But there is also, without doubt, a near-term trade in the offing here. When Guatemala's Constitutional Court pronounces on the case soon some time in the next couple of months (impossible to nail down the exact date) they will overturn the suspension currently in place and rule in favour of TAHO. On that day, this share price...


...will rebound. Probably not to the level of two months ago, it won't change the longer process at the Supreme court and it won't stop the roadblocks in place near the mine, but a win will be a win. Want my SWAG*? U$6.


In other words, picking up TAHO shares at U$5-or-abouts then selling them to dumbasses down the line who fall for the bullshit that will vomit out of Ferrari Kev's mouth in a few weeks time when the CC rules in favour of the company, is a trade. The end.

*stupid wild-assed guess