Agoracom: Small Cap Investment - Tyhee Gold Corp. - S & B already seem to have a small gain in their Tyhee stake

TYHEE GOLD CORP

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When you sell 18MM shares of a company like Tyhee...

striketheroot2

Jul 29, 2011 01:31PM

Re: When you sell 18MM shares of a company like Tyhee...

BAIRES2

Jul 29, 2011 01:40PM

dcpatentlaw

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S & B already seem to have a small gain in their Tyhee stake

in response to

When you sell 18MM shares of a company like Tyhee...

striketheroot2

posted on Jul 29, 2011 01:41PM

According to a Williams Creek press release (http://www.marketwatch.com/story/williams-creek-gold-limited-releases-q1-financial-statements-and-managements-discussion-and-analysis-2011-07-27?reflink=MW_news_stmp), "Williams Creek was due to recognize a gain of $1,052,000 on its long-term investment in Tyhee Gold Corp. ("Tyhee") during the quarter ended April 30, 2011. Under IFRS, however, that gain was recognized during the quarter ended January 31, 2011."

-- Good for S & B. It must be nice to have a low cost basis.

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Re: When you sell 18MM shares of a company like Tyhee...

striketheroot2

Jul 29, 2011 01:43PM

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