Re: TDC good performance in volatility
in response to
by
posted on
Aug 25, 2011 11:20AM
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I look at the SP as being like the fluctuations in gold at the moment. There will always be some selling off but there will always be buyers willing to buy in or buy more. It's also like needing a new a lawn mower and seeing one at Home Depot in October (we are talking Canada here) for a ridiculously low price . There is no real incentive to buy right now but if the price was exceptionally good you would buy it because you will pay much more as next summer comes around.
By next June the Yellowknife Gold Project FS will likely be out (or almost out) and the Tyhee stock price will no doubt be much higher than today. Whether it's higher on speculation of the FS result, a sudden buyout announcement, the unprecedented glowing picture the FS paints or the POG itself driving it...it WILL be much higher than today.
When the grass looks greener between now and next June it will be because Tyhee is "actively moving its wholly-owned Yellowknife Gold Project towards production.".
The large share holders now in place are not here to recklessly gamble their clients money away. That's just plain bad for business. Plans are NOW being made, IMHO, for some "positioning" and it's never fun to be the one mumbling in the corner saying "woulda, shoulda, coulda". Been there, done that.
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