Re: A TEN BAGGER, Tyhee Could Be, said Frank Barbera
posted on
Feb 19, 2008 03:20PM
Yes, Frank wrote that, , we note that were Tyhee to prove up – over time, nearly 5 million ounces in and around its Yellowknife Gold Project, even using the most basic “early stage” multiple of $50 per ounce in the ground, the company should see the stock closer to $2.08, -- while fully delineating all potential 5 million ounces would see the stock price closer to $6.25. To get these ‘potential’ price targets, we are simply dividing the ‘imputed’ Market Cap based on the ounces ‘in the ground’ by the 120 million Tyhee Shares outstanding.
