July 10, 2012

http://www.theaureport.com/cs/user/download/co_file/3186/Gold.pdf

Development Companies - Asset Players - Takeover Potential

These are companies which have developed a resource/reserve and who have the potential to be taken over/merged or joint ventured with a more senior company. These are typically late stage development companies, who need considerable finance to get projects into production. They also tend to trade at a significant discount to their net asset value....

Tyhee Gold (TDC-TSX, Speculative Buy) is another company that could attract a producer looking for production. The company is in the process of completing a full feasibility soon.