posted on
Aug 20, 2011 11:18AM
TYHEE GOLD CORP
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Message: MF Absurd
"You're already a high net worth individual imho" - Hansix
Multiply that by the number of ounces I weigh and I must have quite the Market Cap.
Speaking of which, I like what I read here:
"One way of determining value and potential upside for a likely producer is
by the value of the company against the number of defined ounces. By that
measure, Tyhee’s recent market cap of only C$42 million equates to about
$20 per ounce of gold in the ground, a low measure for an advanced project.
Some of us look at the longer-term potential ounces as well, and with the history
of the region’s deposits continuing deep underground, that potential is very strong."
With gold approaching $1900 an ounce imagine how the buyers must be starting to salivate reading this:
"Since then Tyhee has increased the known resources to almost 2 million
measured and indicated ounces, with another 269,000 inferred ounces, and
exploration continues to add ounces. With gold now trading well north of
US$1200/ounce, what several years ago might have been considered a
quixotic undertaking now looks like shrewd foresight."
4 Recommendations
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