Don't forget to add SKELEG: POG $1800, Oil $110, Cdn $ 1.10 US - when Tyhee has Ful Feasability, Permit and Financing and makes the decision (July 2012) to build the mine. The decision would be: Economics and financing are good, so Tyhee will build the mine. Start construction Winter 2012/2013 for first pour summer 2014.

Share price would look forward to production figuers for 2014: With 130KOz/Year and costs of $800/Oz. Updated reserves 1 Million ounces within permitted/EA pit. This would result in $130 million in earnings per year. With as many as 520 million shares (likely far less), and a P/E of only 20x, share price upon production (2014) would be $5.00 CDN ($5.50 US).

However, by the time Tyhee actually goes into production, POG may be $2,000 or higher, oil back to $140, CDN$ = $1.20 US and cost of production as high as $900 per ounce. So share price could be even higher than $5. Once in production.

In the mean time, Tyhee shares are still going for $0.15. Unbelieveable!

EU debt/currency crisis, Us debt crisis, US election to focus on debt and currency crisis, looming energy crisis, trade & other forms of conflict with China and unending crisis in the Middle East, gold will continue to trend upwards and Nadler and Bernanke will continue to be confused about gold.

Gene Skellig, author of Winter Kill