http://www.goldcalculator.com/index_...

Link above privides some conversion figures. When we look at world gold production of about 2500 tonnes of gold, and think about how many million ounces that would be (80 million ounces), we can see that if Tyhee claims sit on as much as 10 million mineable ounces (my own view), that is considerable even if it takes 20 years to mine it. That would be 311 tonnes to take out of Yellowknife, a respectable amount of gold. Of course, Tyhee would have to have increased production over the years, to a rate closer to 500,000 oz per year at a collection of mine sites in the constellation. So the future looks good for tyhee, once they get a modest sized mine into production, on the order of 150,000 ounces per year. Then grow, baby, grow!

But another thought I had about conversion is that the price of gold stated in troy ounces may some day be discussed in it's price per gram. 1t = 32,150 Ounces. 1 ounce = about 31 grams. So at $1,000 / ounce, it is $32.26 per gram.

In Zimbabwe, a loaf of bread costs 0.1 grams of gold.

When Nixon was forced to take the US of gold standard in about 1970, I think gold cost $35 per ounce. Now it's near $35 per gram. Put that way, I would like to be paid in gold, one gram per hour worked. That would be real money.

One other calculation would be, if there is 10 million ounces to be mined, and there will be at least 250 million shares, that is 0.04 ounces per share. Or 25 shares per ounce of gold to be mined. So 100,000 shares is about 4,000 ounces.

If a finding cost of $25 per ounce, whether it is what Tyhee averages or not, then the 2 million plus ounces should be worth $50 million dollars at least, plus a lot more for the value of the larger geological discovery they overly. Our shares are way unervalued no matter what the calculus.

My conclusion, stay strong, and have faith in DW.

SKELEG