Happygolfer: How to value a junior?
posted on
Feb 01, 2014 02:36PM
With about 800 juniors trading under 10 cents, many about to go belly up, you got a Yellowknife explorer, TerraX, with a market cap about half of Tyhee's. Try to make sense out of that.TerraX has never even drilled one hole (zero). They got no PEA, no PFS, no FS. All they got are several nice assay results from historic cores. Yet, they were the top junior in 2013. Compare that with Tyhee which has set the stage to be a mid-tier producer from multiple projects. Nuff said.