"Solid evidence? theres not much solid evidence of any kind what so ever."-Tursk
posted on
Aug 21, 2009 09:25AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Please forgive me if I'm again beating another dead horse (Mr. Ed?):
When Tyhee's "back of the envelope" future share price is estimated/predicted based on its PA calculations, or we ponder when or if its resources will get from 2.1 million to 3 plus million ounces so that maybe it becomes a more attractive takeover target, or when we compare Tyhee to Romarco's Haile Mine....what we should not forget (even though "there's not much solid evidence of any kind what so ever"),...what we should keep in mind, is that Tyhee's geology is different from many others'. It's Archean, and as such, it has much of its potential as rich gold bearing ore bodies at great depth.
Thirteen or so million gold ounces have already been taken out of only three Yellowknife mines. To my knowledge, NOT ONE of those mines began production with as much gold estimated then as Tyhee has now. Mining operations began at Con, Giant and Discovery with lower estimates than Tyhee's current 2.1 million ounces.
My point is, that without sufficient real direct evidence or, as Tursk might say "theres not much solid evidence of any kind what so ever" of how much lies below. The enormous potential of Tyhee/Yellowknife, although not so immediately evident without further drilling or advances seen once its mines dig deeper, deserves our support and enthusiasm, as I feel that its history and geology damn well justifies it.
Baires