Men in Black: A Reason to Buy TDC.
in response to
by
posted on
Jul 27, 2011 08:10AM
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Hansix,
I appreciate your enthusiasm for Tyhee's newest board members, Sonnenreich and Black (S&B). Especially in so for as they seem to be the primary reasons for your purchase of TDC shares. Am I correct?
However, it's not clear to me if you are saying they had not included the consultancy of an independent geologist in their DD of Tyhee. I'd be surprised if they hadn't.
But, in terms of why investors buy a junior's stock, in the more distant past, it certainly gave some of us confidence in Tyhee when knowing that Sprott and Puplava were major investors.
However, just think what TDC's price would do if McEwen (U.S. Gold, Rubicon) or Holmes (U.S. Global Investors, Romarco) invested in Tyhee. My guess is that the stock would skyrocket..
So far, the entry of S&B hasn't accomplished a stock blastoff. Maybe it's because they're not as well known in the mining world as Holmes and McEwen. Well, except perhaps a tiny bit as for Black's impressive prophetic multi-bagger call on Intrepid Mines back in 2009.
http://www.pbs.org/nbr/site/onair/transcripts/dr_hans_black_of_interinvest_091009/
Riding the coat tails on the calls of successful investors like McEwen and Holmes can be a safe bet, one investors make.
You're fortunate to have seen a great buying opportunity of inexpensive Tyhee stock through the lens of S&B. Now let's see if others see it the same way and take similar action.