What SKELEG compares tyhee to
posted on
Mar 13, 2010 02:20AM
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Actually, Gone, I have never compared Tyhee to Viking. I have contrasted Tyhee, an advanced stage exploration and development company making steady progress through the permit process to become a producing gold mine, versus Viking, a puny exploration play that at best would have a ride on Tyhee's coat tails. I had taken an interest when Viking showed plucky surival skills and seemed undervalued at 3 cents, but is now way overvalued and I am out of Viking entirely. IF they made a big discovery in the Yellowknife gold camp, it would be noteworthy and relevant. If they don't, and run out of money, I won't be at all surprised or concerned.
I have compated Tyhee to Romarco, when Romarco was 15cents, and concluded that while Romarco is in an easier regulatory and geograpich region, it's results are lower grade, with more overburden to reomove, and in my view less expansion potential, but is 18 months ahead of tyhee overall.
What is going on the the Yellowknife gold camp, using the same access road, with much warmer temps than normal during the critical ice road season, is relevant to tyhee investors. Tyhee has completed exploration of the surface at Ormsby, and has it's focus at Clan Lake to add ounces.
As for whether or not Tyhee shares should be purchased, I have been consistent in posting solid, well supported facts as to why I am a long term holder and buyer of Tyhee, whenever I have a windfall. I do temper my expectations regarding timeframes and near term expectatios, but maintain a long term view that Tyhee will be multiple dollars, and valued at a billion dollars in a few short years.
Your views are as welcome as mine are. but not more so.
SKELEG