More volatility in the US Dollar, large swings in teh POG, Oil reaches $110 US per barrel, POG reaches $1500, Cdn Dollar reaches $1.10 US, Tyhee closes 2011 at $0.45 with DAR submitted, resource reaches 3 million ounces, Feasability Study initiated TBC early 2012, $3 million raised when 20 cent rule on recent PP kickes in (summer time).
2012: Gold reaches $1900, Tyhee $2.00 upon permit, Ful Feasability Study comes in with over 1 million ounces RESERVES, mining costs $700 per ounce. Permit issued. Share price breaks over $2.00 when Financing secured, decision to build mine done in Summer 2012. Construction starts 2013.
The rise from $.45 to $2.00 is swift, with volumes high. Tyhee does a private placement for $50 million at some point over $1.00. TSX listing before end of 2012.
SKELEG