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I wonder how Frank Holmes would value those "little junior stocks" whose management don't have the "discipline not to keep doing financings", as he said. But instead, like Tyhee, keep financing, keep building their resources into reserves, keep heading toward building a mine of their own.
It would seem Frank is looking to profit from acquisitions. I'd guess he'd be overlooking Tyhee as having the kind of value he'd appreciate, to the extent that Tyhee's not bought out.
