Re: Is Tyhee "Peerless"?
in response to
by
posted on
Nov 02, 2011 03:45PM
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Sorry, but I could not find Spanish Mountain´s PF.
But,
Spanish Mountain has $21M in cash. Tyhee, $1.6M?
They´re expecting production of 200K/year for 11 yrs based on their PEA,. Tyhee, 100K oz plus/yr. for about 7yrs based on its PF.
They have 3M Au oz resource M&I of 1.5M, Tyhee 2.2M, 1.9 M&I.
Spanish Mountain only has a PEA with No Reserves.
So, why the difference in market cap? Does cash have something to do with it: cash and other things.