News from July 17, 2008,
Tyhee Received its PRELIMINARY ASSESSMENT (PA) Demonstrating Positive Economics…
http://www.tyhee.com/news/documents/080630PAv1_3_.pdf
Three days before Tyhee's PA was released TDC closed at 0.47 cents. Despite that good news, its share price then dipped to 0.375 cents. But, about a month later it hit its highest close in the last six years, 0.71 cents.
Then came the crash of 2008.
Sorry, I was looking for something heuristic here, but I don’t know what we might learn from this comparison as it could possibly tell us something useful about how the Pre-Feasibility Study(PFS) may impact TDC’s share price (SP) in the months following its release.
One thing, however, is for sure, the PFS will deliver RESERVES, where the PA didn’t. And, as we all know, RESERVES count for more $$$.
But, since the market is now so different than it was in 2008, and not everything is worse than it was, e.g. $1,200 Gold, perhaps we’ll see a better SP response to the PFS before we may again face the next possible crash this year?
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