Tyhee Gold Corp.

TYHEE GOLD CORP (PRESS PROFILE TAB FOR FEATURED UPDATES)
in response to striketheroot2's message

I think the market is saying it doesn't think there will be a mine built in time to capitalize on gold rush fever. Many think, right or wrong, that gold could go parabolic into 2012, followed by a multi-year consolidation, perhaps after some new currency agreement. In other words, if Tyhee doesn't have a functioning mine by then, the bloom could be off the rose to a degree. Dave's belief is that they will be very profitable as long as the GP is above $850 or whatever the amount was in the PFS, but the question remains how the market will value these properties if a 2012 GP top develops and we still don't have a functioning mine by then.

Please login to post a reply
christo64
City
Rank
Treasurer
Activity Points
725
Rating
Your Rating
Date Joined
03/17/2008
Social Links
Private Message
Tyhee Gold Corp.
Symbol
TDC
Exchange
TSX-V
Shares
414.8m shares issued
Industry
Metals & Minerals
Website
Create a Post