Can You Guess What Tyhee and Its Share Price Will Look Like In the Future?
posted on
Feb 28, 2010 09:46AM
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Can you guess what Tyhee and its share price will look like in the future? Well, here's your chance to take a stab at it:
A friend of mine is trying to envision a time-line for when and how Tyhee will reach certain milestones and what its share price will be. In a world where anything can happen, it’s difficult (often impossible) for me to be confident about what will unfold, even next week. But for some on this Forum, making predictions seems likes it’s a lot easier for them than it is for me. So please, for those of you with better vision than mine, take a look at his proposed time-line and feel free to provide us with your insights, even rearrange the various events if you wish, and by all means please offer your predictions of what TDC will be trading at in the future.
Next drilling results (from Clan Lake) are likely by the middle of March, and the whisper numbers (private expectations of insiders) are for very significant progress.
What is your whisper number? __________.
The very last drilling results (from the money raised so far) are possible by the end of June 2010.
What range would you anticipate the combined additions and new totals might come to at mid-year before we raise the next money?______________.
· The pre-feasibility study will “likely” be ready by the end of June. More money needs to be raised no later than July (and Tyhee may try sooner) since they may run out of cash in August.
Will Tyhee go for more money before the pre-feasibility study is complete?
· Use proceeds for additional drilling equipment so that more than 3 drills may be used simultaneously to prove more resources, mainly at Clan Lake.
· Q3 2010: Apply for permits, answer questions from authorities. Public hearings, too.
· Q3 &Q4 2010 (and also into 2011) Discuss infrastructure with authorities: power plants and roads.
· End 2010 TDC price:
Your guess is _____?
· Obtain final permits. Q2 2011.
· Bankable Feasibility study by mid-year 2011 based upon at least 150,000 ounces per year.
· Evaluate best financing alternatives, including the possibility of a joint venture or even a long-shot outright sale to possibly Nova Gold, Northgate or Agnico-Eagle.
· Obtain major financing. Q3 2011. Order mining and plant fabrication equipment.
· End 2011 price:
Your guess is _____?
· Build plant and infrastructure in 2012.
· End 2012 price:
Your guess is _____?
· Potential start up of mining operations in 2013. First pour by Q4 2013.
· End 2013 price:
Your guess is _____?
· Increase minerals production from the first mine to rate of >100,000 ounces per year by end of 2014.
· Production greater than 150,000 in 2014. End of 2014 price.
Your guess is _____?
· Full production in 2015 of >200,000 ounces of gold at prices which some believe are likely to exceed US$1200 per ounce.
· End 2015 price:
Your guess is _____? if Gold >$1400?
Thanks,
Baires