Silver Producers Ramp; Tahoe (TAHO) Gets Blog-Related Boost (SLV) (SLW)
Tweet
Share
E-mail
Shares of Tahoe Resources (NYSE: TAHO) ran higher on Friday, gain 14% and out pacing other silver producers like Silver Wheaton Corp. (NYSE: SLW). The move came in response to stabilization in precious metals. Tahoe Resources received an extra boost after it was feature in a Seeking Alpha blog post.
Seeking Alpha said, "Tahoe Resources will be a highly profitable, low cost silver producer beginning in 2014. Investors who are bullish on the price of silver, but who also fear that the price may not rise short term, might consider taking a position in Tahoe Resources."
iShares Silver Trust ETF (NYSE: SLV) gained 5% on Friday, but is lower on the week.
Seeking Alpha said, "Tahoe Resources will be a highly profitable, low cost silver producer beginning in 2014. Investors who are bullish on the price of silver, but who also fear that the price may not rise short term, might consider taking a position in Tahoe Resources."
iShares Silver Trust ETF (NYSE: SLV) gained 5% on Friday, but is lower on the week.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Warsh: I'm Here To Double Down On Fed's 2% Inflation Target
- Qatar Pauses Push For Quick LNG Ramp Up After Tanker Attack - Bloomberg
- Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz
Create E-mail Alert Related Categories
Commodities, ETFs, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
