Tahoe Resources achieves success in Guatemala and the Toronto Stock Exchange
Tuesday, December 7, 2010
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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