TYHEE GOLD CORP

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Message: Re: True
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Aug 29, 2013 10:28AM
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Aug 30, 2013 08:40AM
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Aug 30, 2013 11:52AM
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Aug 30, 2013 01:37PM
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Aug 31, 2013 08:20AM

Yes, but... I believe what has been happening is that the price of the stock has been supported over recent months by certain people who want the price to remain higher than it would otherwise be if left in the cutthroat market, so that short term financing in the form of PP issues can be sold and to raise confidence that the company has a future. The evidence for this is that the daily price of the stock consistently declines during the day then pops back up again during the final few minutes of the market, and this has been going on for months. No, the price has not been responding to the price of gold but that has nothing to do with this daily event. Unlike other stocks, volatility has been intraday rather than weekly or monthly.

This market for small pm stocks is nuts, and the evidence indicates that those who have large investments at stake in TDC do not want to be taken to the cleaners while waiting for the market to improve. This company actually has a great quantified resource base and enormous potential. So yes it is about financing of course, but the state of the market for small pm's is all about the price of gold. When the price of gold improves significantly, market forces will turn the other way and financing will be there for TDC. We already know that overall production levels of gold will be signficantly lower starting in the near future because costs of production have gone up, producers have been very inefficient in their cost base and are having to reduce production and rationalize their costs, and investments by both producers and non-producers in future production have sunk like a rock since April. I think all this is great because the evident support on the price of Tyhee puts a floor on its price while we wait for the market to turn around. Many other stocks do not have this security blanket and have suffered enormously with high volatility and uncertainty about the future. I believe Tyhee is much more secure because of the support, and eventually when the market realizes this the price of our stock will begin to go up even if the price of gold recovers only slowly. Ike

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Sep 03, 2013 01:29PM
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Sep 03, 2013 04:38PM
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