Snapping up abandoned gold
in response to
by
posted on
Oct 12, 2011 08:45AM
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You know, history rhymes.
Back when gold was about $300 or so, gold mines were closing and mineral claims were being allowed to lapse, someone was snapping up all the mineral claims that had a certain geological DNA in the Yellowknife area.
DW and Roger Sylvestre, from what I recall, got their hands on all of the claims which today we recognize as the Tyhee Gold Corp constellation of properties (through a variety of means). All that gold just left laying around. Now, with gold once again surging towards $2,000, you would think that Thee shares would be snapped up. This time, it seems only the interinvest crowd see the value of all these great shares being left laying around for sub $0.10.
It is frustrating for me that my timing has not been perfect, as I have accumulated at higher prices and have no extra cash on hand during these weeks of share -give -away!
This is a historic opportunity to get into a real success story. So where is everybody?
Are we all as tapped out as I am this morning?
Where exactly is all that money that is on the sidelines? Why is all this gold being left laying around, unclaimed and undervalued?
SKELLIG