Why Tyhee? Because It's Special!
in response to
by
posted on
Mar 21, 2010 06:27AM
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Yesterday, Sriketheroot called our attention to Jim Puplava's FSN interview with Brent Cook.
Cook made the surprising (to me) statement that , "juniors are overpriced!".
I listened to that interview last night (OK, I confess, with a Screwdriver in hand) and couldn't see where Tyhee matched any of those juniors whose characteristics he was describing as overpriced. In fact, I wouldn't have been surprised if he'd not known much or anything at all about Tyhee.
He spoke about a few new junior "explorers" in Canada and Alaska that recently discovered "elephant deposits" of over 5M gold ounces, but because the market quickly overvalued them, they were priced out of the possibility of any majors profitably acquiring them.
Well, that ain't Tyhee's problem.
Cook also spoke about other early stage juniors with only some promising drill holes and trench samples that are, in his opinion, twice overvalued with market caps higher than $50M when they should be more fairly valued at about $25M. Moreover, these early stage juniors have recently had an easier time getting financed when, to him, there's the excellent chance that most of will fail. Especially, since those overpriced with a substantial deposit wouldn't have the capability to go into production since they didn't have the talent to do so. Overpriced for a buyout and undertalented for becoming a mine.
Again, that ain't Tyhee.
So, from what Brent Cook was saying, it seemed to me that Tyhee's one uncommon junior with distinct characteristics not mentioned by Mr. Cook. I asked myself why Puplava didn't ask Brent about this special category of juniors: The Tyhee Category? Or maybe he did, and I was at the time, hunting down another screwdriver.
Regardless, it seemed obvious that there is no way that Tyhee is just another overpriced junior. Quite the opposite, Tyhee is DIRT CHEAP. And, just one more reason why,
TYHEE IS SPECIAL
Cheers,
Baires