Re: Tyhee is the Issue, Not Puplava
in response to
by
posted on
Apr 26, 2008 08:17AM
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Absolutely right.
And as impatient as we all are for news, the Tyhee project is on course. The economics will be based on POG such as $750 or so, with about 2 MOZ. They'll move towards production, and with each concrete step towards having earnings, this stock becomes more tradeable. Ultimately to list on TSX and have analyists recommendations. Talked about on TV as a success story...
THE POG will go up and down, but if it takes 2 years before we are in production, even 3 years, where will the POG be at that time? With high debt and by then high inflation, my belief is that the POG will be solidly above $1,000. So what does it matter if there is a correction in gold price now? The only very sad thing is the irrational exuberance on Wall Street, as though each bit of bad news is " the last bad news, therefore positive!". And when investors in Tyhee give up and sell, rather than keep your focus on watching out that this story is still unfolding as it should.
Why was there no discussion of anything at the AGM? were none of us at the AGM? I was not, but someone may have been.
What will be the effect of a revision to ormsby which, when added to Nicholas Lake, takes us over 2 MOZ?
Will there be a media day and investor's trip out to the site, as Dave has promised? When? How can I sign up? These are thee kings of things we should be discussing, and pressing Dr. Webb on, as he seems to be sitting on information a bit too long.
SKELEG