TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: Re: Reality
3
Sep 17, 2012 11:07PM

SP: As you sound yourself, I am very excited about this stock, even after a long wait for the share price to move.

The risk at this price is low, with the resource we have, its location in Yellowknife - a large city with a mining history and infrastructure - and its late stage of development; principals who are deeply involved (Sprott, Black, Sonnenreich, Interinvest, Williams Creek) and who are not in a position to fail; are well connected in financial circles internationally; have a reputation for integrity and sound business which they have already demonstrated in the reorganization of Tyhee; and have financial acumen themselves. It bodes very well. I agree that the only signficant risk is that they walk off with it themselves, but I have no sense that this is the plan, the stated priority of the principals is shareholder benefit - including themselves of course they are not altruistic. If a takeover were the plan, I believe it would have happened already since the resource and the payback is known at current gold prices, the share price is ludicrously low though stable - not going lower, and the price of gold is only going up so the cheap days are coming to an end. Ike

Share
New Message
Please login to post a reply