Re: Markets take action...
in response to
by
posted on
Dec 06, 2012 11:52PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
I have listed quite a few peers in previous posts and I have others, but will not go into that (one has to keep their own playbook private). I don't know of any other companies in the exact same situation as Tyhee with a FS located in safe jurisdiction with 1.3 million ozs however I do know of similar companies that have better value for the near term compared to Tyhee.
No problem about the disagreements of statements. Fundamentals are great but they do not drive stock prices. Ormsby may be a rare deposit and with more drilling this could let other investors know that this is true. Clan may be held in higher esteem, but once again, needs more definition and another FS to determine how much it costs to go through the ore. The numbers are right there in the FS. Enough time has passed since its release and the market has voted accordingly.
SH has provided a guide for me for considering the other side of the argument for my investing equation. AG was also instrumental in providing that other half. A lot of SH posters said that this was the price level that Tyhee was going to end up at. I examined their analysis and found it to be a sign of what Tyhee investors were feeling and reacting. The rest was just waiting for the price to happen and it has. I wish to buy and am very comfortable where my shares sit.
Apologies to you hansix if I have challenged you somewhat in your posts but when I am doing DD there needs to be little doubt in my mind about what is happening and why. It is very important to discern events and expectations. In addition, what could happen to the market price based on how those expectations and events play out.
Once again, lets revisit the stock price in a year. I am fairly confident by December 2013 that the gold price will be over $2000 by then. If not....