Dave Webb's Hope: TDC.V Over $1.00 This Year

To get a better idea of what we might expect Tyhee's share price to be once we have a good economic assessment, let's restate what 20121 posted on April 3rd so that it is more in line with what I think Dave Webb actually invisions for Tyhee's share this year,

"If you take the most recent resource statement in today's press release and multiply that number by $85 - the range of value Webb said most of Tyhee's peers are in, and where he said he thought Tyhee should be once (if, I might say) the feasibility study is done - then divide by 184M shares - Tyhee share price will then be $0.75."

What Webb actually said on March 1st was, " I think you'll see a preliminary assessment coming out in less than six months, and that should demonstrate the economic viability and perhaps move our ounces of gold from where it stands today at under $50s an ounce towards our peer group average which is somewhere between 75 and $80 an ounce, to those that have demonstrated economic potential and they generally trade in the 100 and 200 dollar an ounce range for the resource."

(I'll have to check, but I don't believe Tyhee's current peer group is valued the same as those juniors that have demonstrated economic potential...)

So, to get a better idea of what Webb may be hoping for, we should multiply the most recent resource statement by $150 (half way between $100-$200) and then divide by 184M shares.

Therefore, if the market does indeed value Tyhee with a demonstrated economic potential like those valued in the $100 to $200/oz catagory, then Tyhee's share price may be somewhere around

$1.34 this year.

Cheers,

Baires