Could Someone Please Help Me With My Assumptions?
1. There are about 2,000 gold or PM junior exploration and development companies in the world. Yes?
2. I've heard from somewhere that only about 5% will become a mine, right?
3. That should mean that only about 100 world-wide will become miners, no?
4. So, and I'm again gussing, that only about a a quarter of them will be in Canada? That's 25?
5. Of the 25 in Canada, maybe ( and I'm guessing again) half will be mostly gold mines. That's 12 or so?
6. If Tyhee is in this short list, where in the list is it? Since that list is ever shortening by acquisitions ( Eg., Miramar, Cumberland, etc.). Maybe it's in the middle of the list?
Someone please help make these assumptions look more like what's really going on?
Thanks in advance,
Baires