Re: Upcoming Revised Resource Estimate in Tyhee´s Feasibility Study
posted on
Jul 15, 2012 06:31PM
Strike-Like Tyhee, Spanish Mountain Gold is owned by about 35% of its insiders.. However, their IR guy said he foresees needing about $500M to build a 25k tpd (maybe as much as 40 tpd) mine/mill to produce 200k ounces per year. Not a surprise when their grades are so low. Yet, these figures are based on calculations from their PEA. Remember Tyhee's? Its PEA was much more robust than its lousy PFS.