Newest Survey Results
posted on
Jan 06, 2010 11:23PM
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Survey says that the recession is over, residential real estate is recovering, employment will increase from here. This is from 85% + of those asked (300 and counting). I even ask clerks in stores. My wife always refers to the 85% percent rule: 85% of the population is stupid and it's the other 15% that you have to watch out for. Hmmm. No comment.
Back to Tyhee 2010. My prediction is that we will see a range of .23 to a conservative $6cdn once we reach production. At 200,000 oz per year production (gold $1200) this is quite feasible once we are recognized. Do your own calculations. A favourable report this spring will be the likely launch. The recent run-up and subsequent healthy pull-back possibly to .23 will allow us to pickup more shares before Tyhee is a household name amongst the gold crowd. I will guess at $1.25cdn by year's end. Just a guess mind you as there is no way to judge investor interest.
As to the survey, I know of five individuals who do not visit this site but rely on info from me to invest in Tyhee and others. Their totals are 2.1 million bought over the past 16 months. I can only guess at the average price between .12 and .23cdn. I call them the "Fossils".
I have come to the conclusion that possibly 1% or less of the investing public own 50% of all PM mining shares. I am converting more to our cause but with DD warnings and no guarantees of course. I still recommend making money trading SVM and SLW (or your favouite cash machines) and plowing the profits into the quality juniors like TDC. Spread the risk though.
Our time will come.
Woody