TYHEE GOLD CORP

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Message: Re: Tyhee mini-update
5
Jul 28, 2016 12:18PM

There is exploration potential in YGP and Big Sky

YGP has a full engineering study with reserves that kick in @ $1400.

Assuming Tyhee would be trading at a market cap of $50M today if they were on the exchanges $50 milllion - $10 million in debt * 40% premium = $56 million / 440 million shares = $0.12, $0.13 CAD

I get the market cap of $50M from looking at other junior miners (roughly a range of $30-$80 million in market cap).

440 million shares assumes no diltion from options.

40% premium seems to be the norm in the acquisition space these days.

Numbers could be off. We will see if a deal gets done.

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Jul 28, 2016 05:10PM
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