Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Tyhee (Toronto Stock Exchange) -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (248)	6/24/2002 10:00:06 AM
From: Dave R. Webb	Read Replies (1) \| Respond to of 695

E. Charters is correct in his observation that if you are looking to sell a mine to a major, and that major has an operating mine beside you, then you are typically going to get burned. I'm not sure how that relates to Tyhee, as there is no operating mine adjacent to Tyhee, nor are we looking to sell our operation to the operator 90 km to the south. There are examples where juniors go into old camps and make tremendous discoveries. In base metals, the Louvicourt discovery is an excellent example. Some would argue that Goldcorp is an example of a small operator exploring in, what for all intents and purposes was a closed operation (it had ceased production, but exploration had continued)in their Red Lake mine (adjacent to Placer Dome by the way). Not a bad example one would think.