Re: Question for the Forum. Is it really worth the pain and angst for Tyhee alone...
posted on
Sep 15, 2010 07:43AM
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Letitfly,
One things that's been very clear to me from the day in July 2006 when I bought my first share of TYHJF on Dave Morgan's strong recommendation, was that Tyhee was headstrong on building a mine. What was not so clear then, was how long, and what it would take (cash, dilution) to achieve its avowed goal.
JP knew Webb's goal from the outset. Keith Barron told him as much. Sure, the economy is so different now. But, in some ways, even better for mine development, despite the credit downturn.
Remember, in the USA, by 1940, there were 9,000 operating gold mines, according to Ian Gordon.
Now, how many are there? And, according to JP there's less production, ie. peak gold has passed.
Re: Tyhee move forward, we're still panning this thing out. I'm REAL CURIOUS to know what might result from all those meetings Webb's been attending since the PFS in July.
Perhaps the next NR will give us an idea.
B.