Loading ...Tahoe Resources Inc/Quest Rare Minerals
Tahoe Down over 30% today due to licence issues. Only have a small holding but still not nice!
Quest not looking good either: https://uk.reuters.com/article/brief-quest-rare-minerals-files-a-notice-idUKFWN1JW0J5
https://www.questrareminerals.com/QRM-PR-JUL-5-2017.php
What a mess that one is….they buy up a bunch of great rocks and then the boat sinks
TAHO… looks like a shakedown to me
Yep sure does. Lets hope the payments are made quickly!
It seems companies like TAHO and EGO steal the good assets in Canada like LSG and ICG and then screw it up completely
NEVER EVER NEVER own anything spun out of or related to Goldcorp post Rob McEwen in any way. Everything Goldcorp has ever touched is toxic. Kevin MacArthur is the former CEO who purchased Escobal FROM Goldcorp to start Taho. Look at your portfolio and if anything is related to Goldcorp in any way… sell it before another land mine hits.
Kudos to you,you always said that any goldcorp correlated is rubbish.
My Integra shares have been replaced with goldcorp’s…..I did sell half position one month ago…maybe I should sell the entire position as quickly as possible!!!
Regarding Quest Rare: this means they are bankrupt????
If yes should we sell now and be destroyed?
No idea Marmare, as they may get financing elsewhere or someone might step in to buy them for cash and shares. Volvo have announced they are going down the battery route with all their cars, so this type of resource is exactly what will be required in the long term.
So we might get a bit more than the current price or it could be a washout.
Aw, nuts, that stinks. I’m going to wait and see what happens after the dust settles, but terrible news.