TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: Warrents in Good Hands

Feb 13, 2008 12:44PM

Feb 14, 2008 12:09AM

Fact is, the current warrents which are expiring in March (around 8 million if I'm not mistaken) are mostly owned by Eric Sprott and Jim Pulplava.

Since Eric Sprott is the number one outside shareholder (although his shares are spread across 4 different funds and personal as far as I know) and JP is number 2, both have millions of shares. It would seem quite unlikely that either one of these long term gold and Tyhee bull investors would cash in these warrents and sell off now, while the market is so soft. They're both waiting for a much higher payoff and are proven to be long term, patient investors.

As such, there's little reason to be worried about these warrents. They are in safe hands, so to speak. I think there may be a few in less safe hands and some of those might be coming into the market but it's not enough to cause real worry. By the time PDAC comes around the warrents will be done.

There is reason to be nervous in this market, however, Tyhee has performed quite well in comparison to most of it's peers during this very difficult time in the market. With backing of shareholders like Sprott and JP, you know you're in very good company. 


Feb 14, 2008 04:43AM

Feb 14, 2008 04:55AM

Feb 14, 2008 05:11AM

Feb 14, 2008 05:20AM

Feb 14, 2008 12:34PM
Share
New Message
Please login to post a reply