Howdy all,

I am just trying to cheer myself up by looking at various values for ounces in the ground for a company like Tyhee.

1 Ounce in the ground before the madness = $200

Does anyone here remember what the "fair value" paid for an ounce in the ground was when a company like Tyhee was taken over BEFORE ALL THE MADNESS HIT THE MARKETS? Wasn`t it around $200

2 Ounce in the ground during the madness = $10

I believe Tyhee`s ounces are now being valued at around $10

3 Ounce in the ground if sanity comes to the markets = $300

What I am looking for here is the value of an ounce in the ground with gold around $1000, but with exploration companies fairly valued. Could we say $300?

4 Ounce in the ground if people pile into gold (Gold goes to $2000), a lack of supply is recognized, and people start going wild for explorers = $1000

Here would it be fair to say that, after there is a recognition of new gold supply being rare, any move up in gold would go directly to the value of the ounce in the ground? Is $1000 per ounce crazy?

Just trying to keep my eye on the prize...

stone