When I showed Dave Webb these numbers from 2007 he said they seemed reasonable to him:

In 2007, Tyhee's Measured and Indicated (M&I) gold ounces were valued at $112/OUNCE when TDC.V was trading at 73 cents, had 1.2M ounces of M&I, with 185M shares (fully diluted) and with a Mkt. Cap. of about $134M.

AND, when gold was $850/oz.

That was then, but now, with a few exceptions, these 2007 numbers are all a lot HIGHER. The exceptions being, Tyhee's lower share price, its market cap, and M&I valuations.

But, if this were 2007, and we used Tyhee’s current M&I of 1.95M ounces, even with the dilution that occurred since then, Tyhee's share price would be now much higher. (I defer to Hysteria to do the math).

My point is this. A lot was different in 2007: More freely available money, the housing market hadn’t yet tanked (not much), etc, etc.

Tyhee is much more valuable now, as measured by the organic progress it’s made, then it was in 2007.

So, what straws might we want to grasp onto, or in other words, what other metrics should we be looking at that will give us an indication that the market may again support valuations like those we saw three years ago?

Would it be Housing Market? The Price of Gold? M3? The CPI?, The Cover of Time Magazine? WWlll? More M&A activity in the Gold Sector? More Excellent Gold Producer Earning? What?

Clearly Jim Puplava was wrong with his “sustained gold over $1,000” indicator, as was the false alarm by Bob Hoye with his, Spring 2010 Gold Junior Party. That never happened...

Well folks, sorry for my rant. I get frustrated too.

Anyone here with any helpful suggestions as to which leading indicators we should be on the watch for that may presage higher valuations in the gold junior market?

Baires