BornWeiner,

Are there many more examples of North American gold producers with lower market caps than non-producers? If so, why lower?

(I only know of the producer, Apollo Gold)

Could one answer be that the "promise of a mine", as in the case of an explorer/developer, inspires a higher valuation for the non-producers? Sort of like, "buy on the rumor, sell on the news"?

Perhaps Tyhee's share price could see enormous gains, in part, due to this hypothetical phenomenon?

Baires