TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: Tyhee mini-update

There is exploration potential in YGP and Big Sky

YGP has a full engineering study with reserves that kick in @ $1400.

Assuming Tyhee would be trading at a market cap of $50M today if they were on the exchanges $50 milllion - $10 million in debt * 40% premium = $56 million / 440 million shares = $0.12, $0.13 CAD

I get the market cap of $50M from looking at other junior miners (roughly a range of $30-$80 million in market cap).

440 million shares assumes no diltion from options.

40% premium seems to be the norm in the acquisition space these days.

Numbers could be off. We will see if a deal gets done.

Share
New Message
Please login to post a reply