"Tyhee has not performed as well as it's peers..."
in response to
by
posted on
Jan 21, 2010 04:53AM
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Skeleg,
I am not sure what you were thinking when you wrote,
"Tyhee has not performed as well as it's peers in this regard over the last year. To me, that means it's still being punished for being in NWT and having the longer EA process to fight through."
Please remember that the fact that Tyhee, located in the NWT of Canada, for so many reasons, seems to me to be a PLUS, not a NEGATIVE.
You may recall that an erstwhile nearby junior explorer/developer, Cumberland Resources, located even closer to the North Pole than its more southerly neighbor,Tyhee, was acquired a couple of years ago by Agneco-Eagle for about $160/ounce of gold in the ground. They had about 3M gold oz.
And, as far as I know, Cumberland didn't have anything like Yellowknife's GOLDRANGE Restaurant and Bar, that some would argue, adds significant value to Tyhee's market cap.
B.