"And as I type the resource dollars per ounce just stuck its nose over $20, believe it or not. We all know there is a lot of ceiling room for that number to grow, as well as for actual resource ozs to grow after mining begins and deep drilling samples are initiated."
If one evaluates Impact Silver or Great Panther as if they were gold oriented companies (i.e. taking their silver resource X silver price and dividing by the gold price) their gold resource would be valued at over $600 per oz. as opposed to TDC's $20 per oz.
Do you think these stocks have maxed out yet? I certainly don't.
Yes silver may provide superior returns to gold but what would your Tyhee position be worth at 300 times its current $0.16 per share price (600/20)? Do you believe its price will go there? What will Tyhee's stock price be when gold is 3 to 5 times its current dollar price?
Is Tyhee stock price ABSURD? Absolutely! Will it stay that way? Absolutely Not!
P.
