Why Tyhee is Going to "Jump to the Roof" ("To the Moon, Alice!, To the Moon")
posted on
Mar 22, 2010 01:19PM
http://tyheeinvestors.blogspot.com/
I hope you still remember my post titled: "Tyhee vs other gold miners" dated March 10, 2010.
I was comparing Tyhee to different gold companies. Two of them Apollo Gold and Linear Gold had just announced that they were merging and another one was Brett Resources... So guess what:
A friendly takeover of Brett resources by Osisko has just been announced today.
If you remember Brett $ value per oz in the ground was $26. The takeover price is equal to about $54/oz. Please remember that Brett needs about 772 millions capital expenditures to start the project for a return (NPV 5% discount) of $588 millions with the POG at $825/oz.
The Canadian gold mining industry is getting hotter...
Tyhee is so undervalued that when it starts to get real attention the share price is going to jump to the roof. Patience...it is coming.