posted on
Jan 31, 2008 04:43PM
TYHEE GOLD CORP
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Message: Crowlee
Wow!, I go out for a few hours and I see all those great posts... thanks
I left the rest of my notes at work but will try and add a few more things that came to mind that I may not have even written down.
But first, as Plecotus (my most honorable assistant at another place in cyberspace) explains, I used to run their forum on the Financial Sense site so no doubt that helps in maintaining a bit of a rapport. I was just another Forum member there way back in 2001, started reading Jim's "Perfect Storm" series and went "wow, this guy really knows what he is talking about" and low and behold, all that he wrote about is now coming true. Read it if you get a chance. Anyway, I communicated back and forth with his wife, Mary, (who did not have much time for running their forum), offered to help, was put solely in charge of it, met her two years later at their office in San Diego and two years after that was invited over for an evening at their place when my wife and I were back there on vacation. There, now you know the secret to tapping in to great minds.
Anyway, on to the other stuff. No, Jim did not specify what the 7 out of 9 things were or which 2 were missing. They were most likely specific geological events but just because Keith did not see them does not necessarily mean they weren't there. Maybe thats something someone could ask in the Q-Calls or even ask Keith himself if you have contacts with him?
As for patience, yes, that is definitely an asset and a necessity in any stock but more so with the Juniors. Jim explained to me again how they were aware of Aurelian's potential and could not believe it when they saw it being "encouraged" down to less than a dollar. They kept buying and waiting. Once those spectacular assay results came in one after another...well, you know the rest of the story. Nobody is saying Tyhee is going to be another one of those but I would put my trust more into someone who has "been there" than someone who has not. So yes, patience is key because games are being played by very big players for their own benefit. The retail investors are just the fodder to fill their pockets at their whim. (those are my words, not his). Agreed, we have nothing else to hang on to other than the NR's that are posted for all to see and some lousy bulletin boards where rumours are a dime a dozen. It all comes down to finding out everything you can and trying to sift the good from the bad....not an easy task.
Back on topic, yes we talked about how the Juniors have not been doing all that well. When this all starts to take off, (and it will he said), you will see it initally in the big caps. (Barricks is a good example). Once the Mutual Funds etc. have finished buying those they will have to move on to other PM stocks that are undervalued. (Hence his statement in one of his more recent broadcasts about how the Juniors will be a good place to be shortly). But like he said, a Mutual Fund will start to buy and within 3 days, before anyone has had a chance to figure out what was going on, it will now be part of their PM portfolio. Without talking about any specific stock, that is when you will see a .40 cent stock suddenly become $2.00. That is what we have seen in past waves and that is what we can expect to see again. Spread the money out if necessary but thats the nature of the beast.
We also talked about physical metals and how they are also a safe place to be. (Stocks will make you more money probably but have the higher risk also). It is much more difficult to manipulate the PM prices because you are dealing with a world market but for anyone who follows the carry forward trade market and hedging, there is obviously a lot of manipulation being done and has been done.
But PM's are not the only place to be. Anyone who follows JP knows he often talks about "things". These are the necessities of life such as water, food, oil, energy etc. He said, don't kid yourself, just because there is a potential U.S. recession, that does not mean oil prices will plummet. There are many other countries (Asian, Middle East etc.) which are now getting more and more of an apetite and they are demanding more as well. The demand will only increase for those also.
There was probably more but I'm starting to get a mind blank. He finished off our conversation by saying "I have to go now, I have another radio interview". His wife Mary, who has recently retired from their office told me "I don't think Jim will ever retire". I'm beginning to think she's right.
Cheers,
Crow {
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