Tyhee should go in fast and deep,and then even deeper.
in response to
by
posted on
Dec 27, 2011 06:37PM
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"it's important to know that Company and Board are focused on developing and building the mine as quickly as reasonably possible."-Gregg Taylor
I´d like to extend that focus further. Tyhee should maximizw its annual production even if it apparently shortens its calculated mine life. Not to worry, the replacement of its resources would be accomplished by doing the Archean thing, by mining even deeper. Look out below for decades of historical Yellowknife mine life!
Using my estimate of an anticipated 1.1Moz in reserves by the FS, then with a six year mine life, production could go over 180K ounces a year. Tyhee could then pay off its debt and more quickly and it would more likely coincide its initial production with peak gold prices.