No rocket science calculations here - just simple arithmetic skews this exploration company way off the charts of even other seriously undervalued prospectors.

For the last hour TYHJF (US pink sheets) has been quoted at 4.9 cents; times 183.9 fully diluted shares = $9 Million US.

Approximate cash = $8 Million, maybe a hair less. So the gold in the ground is valued at $1 Million, maybe a hair more. We know that Ormsby and Bruce Lake measured & indicated 43-101 is 1,593,000 ounces. After two more sets of drillholes to report, we will get a 43-101 for Goodwin Lake and Clan Lake, which have reported respectable findings thus far. This will add to the M&I gold in the ground.

Say that number is ~900,000 ounces for Goodwin and Clan Lakes, bringing the total resource estimate to ~2.5 million ounces. At $1 Million for the gold in the ground, that's 40 cents an ounce. CENTS!!!!

Everyone here should indeed fear a hostile takeover. The acquirer just might be me in fact.

Strike