This post is adapted from my January 2008 post on the SH board.
2008 Year-End Tyhee Price Prediction: Gold in ground....... Market Cap......... ...........SharePrice
Valuation
(128mln shares/160mln shares)
TYHEE WITH 2.5 MILLION OUNCES:
$35............. $ 87,500,000........................... $0.68 / $0.55
$50............. $125,000,000........................... / $0.78
$100............$250,000,000........... $1.95 / $1.56
OK, so I may be a bit on the high side at 2.5mlm ounces Or, if we see Clan Lake added in, maybe a bit on the low side. Also the $100 valuation, I am guessing, is what´s possible with a positive PA. With gold about $1,000, this could end up higher.
You may want to tweek upwards the number of shares...outstanding and fully diluted...
Baires
