TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: unbelievable

"so, if I'm tracking the numbers correctly, if we get the PFS, and let's say it comes out at one-third of the current oz in the ground, as you suggested, or about 650,000 ounces, and the market values that conservatively (and conservative seems liberal with the history of Tyhee's share price) at 100/oz, then that would give us a market cap of 65,000,000, or about 30 cents a share? Is that all the more pop we're gonna get when the biggest news release to date in the company's history comes out?You are just counting the "reserves" in your estimate."

You have left out the other 1,350,000 or so ounces of resource in the "measured and indicated" categories that can be counted as part of the total resource but not in the "reserves" category. These too will add to the market cap.

I am not an expert in all these different categories so if I am in error will someone who does understand these things run the numbers and set this straight.

P.

Share
New Message
Please login to post a reply