Agoracom: Small Cap Investment - Tyhee Gold Corp. - Revisiting the last paragraph of the Dave Webb interview

TYHEE GOLD CORP

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striketheroot2

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Revisiting the last paragraph of the Dave Webb interview - emphasis added

posted on Nov 07, 2010 10:12AM

"Market exposure could improve the valuation of Tyhee’s shares. Additional ounces, improved operating and capital costs, permitting, and further market exposure could add value to the company. At some point, our ounces will be valued at market. There is a lot of space between our current valuation of around $15 per ounce and the value of those ounces in the market, even considering a $546 per ounce production cost."

I agree wholeheartedly with Dr. Webb's comments. As an anecdotal, non-scientific comparison, consider a NWT diamond miner I own with no reserves, and no resources - only "promising" moose pasture. The market value of the diamond miner is $25 million - the same as Tyhee's before Friday's stock price jump. Except Tyhee has a Measured and Indicated Resource retail value of $2,700,000,000 of which $1,120,000,000 retail value is classified as Proven and Probable Reserves. TDC definitely needs further market exposure.