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Tahoe Resources achieves success in Guatemala and the Toronto Stock Exchange

Tuesday, December 7, 2010

Tahoe Resources is one of the Toronto Stock Exchange’s 2010 IPO success stories. Since going public in June, Tahoe’s stock has climbed from $6 up to more than $14.

It gets even better. Just last week Tahoe released an updated resource estimate for its 100 percent-owned Escobal silver project in Guatemala that increased indicated silver resource projections by 144 percent.

Add to that a hot equity market, and it only made sense for Tahoe to launch a $306 million bought deal Monday morning.

Original source: Globe and Mail