Re: What Is Tyhee Really Worth? Homage to drnols, We Share His Pain.
in response to
by
posted on
Dec 04, 2010 08:58PM
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Hey to all,
I have plenty of shares in tyhee and my cost base is not great at these levels of price collapse....If history is any teacher this company will have to prove its worth to attract buyers....
I have mentioned several times in the past....this thought....it is good that the thing begins production mid century......the currency crisis will be full blown and selling the bullion at 3 thousand and beyond is good for my piece of a personal fort knox...kapish....
this is long term and who knows what the fear to buy 5 and 10 dollar cheap gold producer shares will lead to in terms of price multiples..
the other examples of the depression era mines like homestead and the 36 cent to 36 dollar example ...well were their 2 billion middle class folks in emerging economies....was the internet available to prolong and feed the frenzy.....
Mr. Webb knows that when he gets into production all the other elements are the ONLY given...i used to be in a rush to make money and would close down trades quickly only to discover i was correct and should have had more trust in my ability and just held to my convictions....they are shares not options...relax...they are priced lower than options..it is a beautiful thing.....buy em under 20 pennies over the next half a year and smile
we all need fortune but let us keep happy