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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: Aragorn19689/28/2005 11:31:20 AM
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Instead of "hyping", I am posting some "facts" on one of my favorites: TYS.V

I have just called the company and spoken to JP Juntas.
Well, although he couldn't tell me all I wanted to know ggg I got a very favorable impression of the situation. Here is the summary (I hope I get it right):

1. Of course, TYS can't publish any resource numbers right now. But I had the impression that J. Schachter's assumptions are right. So I truely think his numbers are not at all hype;
2. As Schachter said, they are clearly increasing the drilling capacity.
3. They have indeed been approached by several major companies. He could't say much, but I have the impression - and this is my personal opinion - that some kind of patnership (JV? buyout?..) is IMMINENT - just my speculation though.
4. This makes sense since he confirmed that right one of their goal is to prove that this is a big deposit since majors only hunt for these kind of deposits...
5. A resource estimate should be available early 2006, but don't forget the strategy explained in number 4.
6. They don't comment anymore on the date of news releases (drilling results) to avoid any speculation. I think this is very responsible and shows that this is a serious company.
7. Overall, he stated that all their assumptions regarding this property have been validated by the drill. I had the impression they are very happy the way things are going.

Well, that is all. Good luck

Aragorn
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