Dialogue with a well known international gold guru.
posted on
Oct 19, 2012 04:07PM
Here's a paraphrase of emails I recently exchanged with a very well know European gold sector commentator regarding Tyhee's all-in production costs,NPV and IRR at $2,000 gold............................................................................................
Me---You can see that Tyhee's all-in cost to build its mine is about $1,100/oz.......
Guru---Looks like it's a good buy now at these prices and with its new CEO, etc. But this company has had such a terrible time in the past..............................................
Me---What micro cap late stage developer has not had a terrible time?........................................
Guru---Good point.