TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: 2.1 Million Ounces for 21 Million US Dollars

I can answer the question about sp honestly, from my point of view, which is not too different from Player's.

There are many opportutunities out there right now for my money, and have been even better ones in November-January. Some of them have been much better bets, and have been paying off for me.

First of all, large cap golds are and were making a healthy profit. That's something people don't pay enough attention to, and certainly weren't in November, but will over the next year be a focus of a lot of attention. Sure, their profit margins went down at $800.00 gold. But some of them were still producing gold at 350-400 dollars an ounce.

If gold goes down to $700.00 they will still be making a profit. If gold stays at $900.00, they will continue to make insane profits. If gold goes even higher, these companies will be making 200% profits on the ounces they take out of the ground.

Like Baires, I bought Yamana in November. I stand by that decision. It was the best thing to do with my money (around 100% in two months) and will be a rock solid investment for at least a year, possibly much longer.

I also bought Silvercorp. It has rebounded substantially since November. Silver prices were not good compared to gold, and I felt, rightly that they will recover. If lead prices in China recover (which they are bound to do sooner or later), this one will start reaping incredible profits again.

I bought Central Fund as a "safe" investment, and it has appreciated (haven't looked lately exactly how much) about 30%. A company that only buys and stores gold.

I bought Rainy River as a junior play. I bought it at 1.40, and then at 82 and 84 cents. It is now at 1.97. I chose this one because it has over 5 million ounces inferred which will soon be proven up into better categories, and was simply not being respected. It has 25 million in the bank, enough to finance itself for quite a while. It is a given that a major will buy it out, but not for a year or two.

No, these companies are not comparable to Tyhee. My point here is that these opportunities have existed, and anyone could have made insane profits over the last two months without investing in juniors. When the sanity returns to the markets, and everything else is valued fairly, Tyhee will have it's day.

MR

Share
New Message
Please login to post a reply