TYHEE GOLD CORP

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Message: More PDAC NEWS

Mar 02, 2008 02:05PM
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Mar 03, 2008 09:10AM

I don't know anything about arsenic and the geology at Big Sky. Please write to Dave Webb and let us know what he says. I have left the PDAC for today and Dave's not expected back here until the next one in 2009, otherwise I'd ask myself.

Dave's guess of 1.8 million ounces before this June, and it is only a guess does include Nick Lake re-sampled ounces. Please remember that Dave cannot say anything now about what the actual number of ounces will be for a variety of reasons, most notably that he just doesn't know the precise number yet.

At the PDAC yesterday and today, Dave was very upbeat about Tyhee and the gold market.

What was most intriguing about Dave's consistently buoyant demeanor that I observed these last two days, and I could be completely wrong about this, was when he spoke in an almost fearful and cautious tone about what COULD happen once Tyhee presents a completed and positive PA.

Once that milestone is reached, he said, it will be a "TRIGGER" for a potential takeover by a major. Because, in today's market they [the Big Boys] are flushed with cash and hungry for acquisitions. Remember, he said, Cumberland Resources was only taken over when after they had a feasibility study.

He pointed out that Aurelian, with its 14mln ounces has still not yet been acquired for possibly they have not yet produced a feasibility study.

Tyhee's upcoming PA, from all that I've heard and read about it, may look more like a pre-feas or feas than a scoping study.

There was almost dread in his voice and a certain somberness came over his face when talking about this potential that may soon be upon Tyhee.

Dave, please forgive me if I've misread your vibes, but that's what I thought I saw.

Cheers,

Baires


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