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Gold Grades & Blue Sky are Key to Potential Jr. Buyouts
On same March 18, 2011 broadcast with Dave Morgan, John Doody tells Jim Puplava how producers looking to acquire junior explorers are especially interested in their Blue Sky potential and ore grades. Doody says "Grade is King". He mentions Osisko as a low grade deposit which may make it an unappealing buyout target, and how Gold Corp's lower bid for Terrane had been affected by these concerns.
If Tyhee's relatively modest drilling budget this year at Clan Lake can show more clearly that it's got even more high grades than have already been proven, and the expanded potential to be one giant "super deposit" with its many newly discovered "zones" connected, then it's value, with regard to a takeout target, should be enormously enhansed.