How High Will TDC Go? These Five Components of Tyhee's Jet Fuel Will Tell Us.
in response to
by
posted on
Apr 25, 2010 09:16AM
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Recently, one of our contributers accused my posts as being a "bit snippy", so at the risk of providing him with more substantiation, here is my current snippy list of what I speculate will be those propellants necessary to shoot Tyhee's SP to maximum heights this year. (Perhaps, as Merv Burak has thought, to even the $1.00 level by year's end.)
So, please keep an eye out on these key components that I'm speculating we'll need in order adjust our confidence and expectation for how high TDC will go in 2010:
1. ROBUST PRELIMINARY FEASIBILITY STUDY, ie, cost of production at or below $ 350/oz from a mine with a life of ten years or more, producing at least 200,000 gold ounces per year with reserves of nearly 1M or more ounces.
2. ROBUST FINANCING, ie this Spring/Summer Tyhee should be able to raise at least $10M-$30M
3. ROBUST ANALYST REPORT, sometime this Summer or Fall with a target price in the $1.00-$3.00 range.
4. ROBUST CLAN LAKE DRILL RESULTS, ie, discovery of more extensive Clan ore bodies with average grades greater than 3 to 4 gpt.
5. SUBSTANTIAL PERMITTING PROGRESS, to the extent that its DAR and the permitting process is on track to where we feel its outcome is "settled" and on schedule.
So, you buckled up.? The engines are on, we're hoping for full-throttle and we're about to line up with the runway for take-off. Will we sit there trapped inside on the tarmac, waiting those "metaphorical[United Airlines?] five hours ", or will we be on schedule with all the fuel it takes to exceed even those heights attained last year by Romarco Minerals as it ended 2009 cruising at an altitude of nearly $2.00 a share?.
Cheers,
BAIRES