re: *** 9 million ounces of gold *** Most shares of TYC are in the hands of institutions who are in for the long haul.
This means that any change in sentiment in TYC makes the shares go up quickly since not many shares come on the market.
Anyone who has followed this stock will be able to remember the huge daily increases of the past.
With the high prices of copper and gold and the results of the BFS coming out in the next couple of months, I can see this interest in the shares returning.
With the commencing of mine construction and continiously incoming drill results I can see this the trend of the future and following the footsteps of Ivanhoe mining (IVN), who has a monster copper resource in Mongolia.
This year and especially the second half of it will be a turning point for TYC.
jojo
TYC
tethyan copper company limited
*** $25 billion resources ***, page-23
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