Tyhee Update
posted on
Jun 23, 2016 12:39PM
Compared to the last time I posted an update, the number of groups seriously interested in acquiring Tyhee as grown even bigger. None, as of yet, have left the table since Red Cloud has come on board.......Tyhee has about 1.34 million ounces in gold reserves. When trying to guess what the company's value may be in an acquisition, we need to know what a Tyhee reserve ounce is worth. Generally speaking, I've heard the normal range to be anywhere from $25 to $75 per ounce. We shall see.....while I'm waiting to exhale.