279,785,505 shares fully diluted.
Reserves, and resources combined equal about 1.6 (2006) and about 2 million ounces today.
in Canada, going into production at Rice Lake, a past producer of 1.4 million ounces (1932 - ?). They have production facilities in place and waste containment is permitted, but I am not sure about production rates. THey had a figure of 1250 tpd mill capacity but not in production at that time. if they are in production, at that lower rate, and with the smaller resources than tyhee...
it leads me to wonder how Tyhee will be valued in 2 years, as we move very close to production with about 3 million ounces (reserves, +M&I&I), also with 300 millionshares (fully diluted 2012), but with a POG of $1300 to $1600....
I am sure it's worth more than what SGR is worth today (SGR) at $3.80 Cdn.
WIth this good comparable, it's not out of the question that Tyhee will be $3 to $5 within 23 moths. from today's 22 cents Cdn, a $4.40 stock in 24 months would be a 20-bagger.
Can you live with that? But it may be even better than that, as Tyhee will start with more than twice the production rate...
SKELEG