Will Doody Do Tyhee?
posted on
Apr 14, 2010 09:45PM
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Here's what Hysteria thinks about that.
"I would like to point out that another of Doody's Top 10, Golden Queen, only has 1.05 million oz P&P and is targeting 75,000 oz production. So, although we are still unsure as to how Tyhee's 2 million oz M&I will translate into P&P, it is quite possible that Tyhee will have MORE ounces than Golden Queen P&P and more in annual production. Doody states that he doesn't recommend companies based on their number of ounces of gold, so Tyhee would not be excluded due to any size issue, but rather he analyzes based on the undervalued nature of those ounces relative to the market averages. Tyhee's ounces are grossly undervalued currently, but we don't know yet how the market will value our ounces once they are moved to P&P status."
Hysteria