We’ve seen how Tyhee’s gold resources are valued at less than US$20/oz. Sadly, this valuation is pretty close to the bottom of a group of its peers whose gold resources average more than $100/oz.

But, when it comes to the market’s valuation of Tyhee's reserves, where does it fit into a group of its peers?

The short answer is, that is is difficult to know. But I looked.

Here are recent data that were put together late last year by Marc Mills, a sharp young analyst at the National Bank. Perhaps we can get an idea of how Tyhee’s 810,000 reserve gold ounces, along with its $33M market cap, might compare with these other companies.

CompanyReserves US$/oz

Development Stage

TSX:ANO Anatolia Minerals Development Ltd. 578

TSX:AND Andean Resources Ltd. 2,237

TSX:BAA Banro Corporation 98

TSX:KRY Crystallex International Corp. 35

TSX:DGC Detour Gold Corporation 201

TSX:GBU Gabriel Resources, Ltd. 403

TSX:NG NovaGold Resources Inc. 271

TSX:OSK Osisko Mining Corporation 643

TSXV:R Romarco Minerals Inc.896

TSXV:TRX Terrane Metals Corp. 125

TSX:VGZ Vista Gold Corp. 117

Average $519

Advanced Exploration Stage

TSX:ETG Entree Gold Inc. 2,659*

TSXV:MDW Midway Gold Corp.179

TSX:OLE Oromin Explorations Ltd. 86

TSX:GQM Golden Queen Mining 246

TSX:SEA Seabridge Gold, Inc. 38

TSXV:RSG SearchGold Resources 133

Average $557

*Entree Gold's valuation greatly skews the data, as does Seabridge Gold.

Cheers,

Baires