Returning to Tahoe Resources (TAHO) (THO.yo), we had a good old chuckle last week about the way even Scotia (where the senior metals anal yst is also a director of the company) called its 4q16 and 2017 guidance “slightly disappointing”. Here we are a few days’ trading down the line and this humble corner of cyberspace cannot help but wonder how slightly disappointed the people who bought TAHO up by 10% on the day before those results are feeling this evening.
Slightly ripped off by bad sell side advice, perchance? Slightly miffed about the amount of time Ferrari Kev is spending on the golf course, maybe? Slightly pissed about the way Clayton is running their company into the ground? Slightly annoyed about the millions spent on drilling at La Arena with no results at all? Slightly crapping themselves about the impending Guatemala Supreme Court ruling on OIT169 in the country? Because the problem at TAHO is that however bad they think 2017 is going to be, the worst really is yet to come.