Re: Baires where are you?
in response to
by
posted on
Aug 24, 2010 06:59AM
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Woodstock, and all of you who have asked about me, Thank you.
Actually, I have not yet passed on, at least, not exactly. I've been recovering.
I don't know which has been more painful, Tyhee's dismally poor share price or the recently broken rib I suffered in a traffic accident here in Buenos Aires.
Funny thing is that it seems like the ingredients necessary, even critical, for recovery of both these disasters seem rather similar:
Patience, resting time, pain killers, and the hope that those specialists treating these conditions know what they're doing and that its best for me, the rib/share holder.
The fact that Lorne Anderson (Tyhee's CFO), who just recently bought more TDC's at a dime each, suggests a reason to believe that we're near bottoming at this low level( Hey! It ain't at a nickle, yet.) If anyone is in on the ground floor of knowing Tyhee's potential for getting financed and moving up, it'd be him. It's a very good sign, where, in this market, there aren't that many good signs as hopeful.
I'd hope some of you could go through the details of the 2007 PA and compare them with those of the detailed PFS, when available. I'd be curious to see how the assumptions differ, esp. those which led to very different economics. From, 1)energy costs, to 2) the conversion rates of M&I to reserves, to 3) the strip ratios. It seems these estimations may be quite different in the two documents. Since many of the same engineers that did the PA also did the PFS, this will be something to focus on. A focus, that I'm now not up for now.
Take care and hang in.
Cheers,
Baires