Some weeks ago when Frank suggested his subscribers move to cash, I emailed him asking for clarification whether he intended his subscribers keep holding Tyhee, Minera Andes and Dynasty. Here is his reply and he gave me permission to post it here. Underline is mine:

"Yes, They are long term holdings. We have a huge portion of subscribers
who are interested in growth oriented companies, companies that could
be extra explosive, 'estate builders' in a gold bull market. By definition, these
are the most specualtive stocks, as they are generally not producers, but they also
have the biggest upside potential. A company like Tyhee for example, if it hits gold
at Big Sky, combined with Nicholas Lake and Ormsby, could go thru the roof.
So, these are not highly correlated stocks with either Gold or the XAU (senior large cap
producers). They will drift lower in a gold bear market or XAU down trend...
but they are usually not trading type vehicles. DMM may be more in the tradable
category then either MAI, or TDC. In general, these smaller cap names
are for more seasoned investors looking for something outside the regular
list of ABX, GG, NEM etc... from a gold letter. It takes huge effort and networking
to find and gain confidence in small companies like this, which is why we do not abandon
them when the markets get tough, because they are aimed at for range investors,
not traders, which is what most of what we do with the market timing work is aimed
at. Hope this helps clarify, Frank"