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Message: Questions For Dave Webb.

Questions For Dave Webb.

posted on May 07, 2008 03:56AM

Questions For Dave Webb.

Here's the growing unedited list of questions I'm taking to New York for when I see him at the New York Hard Assests Conference.

The questions are from many contributors.

Please let me know what you'd change/add.

Thanks, Baires.

1. What can be done to avoid the Minefinder’s depressed share price pattern that may follow the time Tyhee begins investing in a mine (or begins a Feasibility Study)?

2. What were Dave Webb’s “ terrible lows” -- “Exploration and development of mineral resources is a gut wrenching experience. Great highs, terrible lows.” D. Webb, April 29, 2008.

3. What’s the best way to evaluate Tyhee’s PA relative to others in its peer group so, if the Mkt. responds poorly to the PA, how might we have the best perspective on whether any selling pressure is justified?

4. Likewise, if the Ormsby revised resource estimate raises Tyhee’s resource to only 1.7 million ounces when expectations are for 1.8 Million ounces or 2 million as you indicated to JP in December 2006 what could be done to mollify disappointed investors?

5. In your 2007 video you said that Tyhee was progressing on plan. Did Tyhee stay on plan since then and what’s the plan now?

6. What might explain why there’s been no sign of insider buying while Tyhee’s share price have been so low recently?

7. How many of the more than one million shares purchased by JP in this First Qtr were from warrants?

8. How likely is it that JP has inside information (via Leanne Baker, Keith Barron or others) that there is substantial interest or progress in a potential take over?

9. In Tyhee’s 2007 video you said that Tyhee was ahead of schedule. Is Tyhee still ahead of schedule? And, what’s schedule now?

10. Do you foresee the $25/ounce discovery rate ongoing in 2007 and 2008?

11. Regarding a Tyhee Feasibility study. When would it begin? How long does it take now and how long might it take for one to be completed for Tyhee? What might be the cost of such a study? Does Tyhee’s robust PA shorten the time to complete its Feasibity Study Is there anything that could be done to speed up the process?

12. Now that it seems from your limited analysis of Canaccord/Adams that the valuations don’t much differ for those juniors with a PA, Feasibility or that are in production. How do you think it will be possible to raise Tyhee’s Market Cap to over $100M?

13. At this point, what is the most exciting piece of the TDC story? 14. How many holes are left to be announced for Ormsby?....and how long before they are all in?...more or less. 15. How much easier will an update to the Ormbsy resource be than was putting together the Nic Lake?...ie Is the Ormsby resource update fairly quick and easy once the numbers are in? 16. Have they already been working on the PA?...or do they wait for all Ormsby results to be recieved?...Ie: Do they have much of the PA already done? 17 . How much contact does Webb have with Puplava on a weekly/monthly basis? With 20million shares controlled by Puplava, how much work does he do with introduction to new stockholders etc? With 20million shares does Puplava intend to bring in suitors? Ie: partners/minoritiy interest holders in the form of Majors? Does Puplava actually control much more than the listed 20million shares?...directly or indirectly? 18. Do they expect to do a blockbuster financing in 2008? ie: raising 50-100million dollars?.........obviously after a PA is released? 19. As of today, how far away is TDC from getting mining licences?

20. Will there be an investor's day or other community event by Tyhee in Yellowkinfe this summer? If so, what tentative date?

21. Will Dave can address the lack of skilled engineers employed by Tyhee this year? Is one of the reasons the PA is delayed due to the subcontracting of work to engineering companies and consultants?

Seems Tyhee is relying on the input of too many people out with their control.

22. Please ask if we can have some maps on the website showing the future possible drill programs on Nick Ormbsy properties.

23. I would like to understand where the additional ounces are coming from and where they expect to see further potential.

24. Will Tyhee adopt a shareholder rights plan ? And would it allow shareholders to have a say in a takeover and what else?

25. Even though the Giant Mine produced about 8M oz. and the Con Mine about 5.5M oz, there was never a time ever at either mine when a resource of more than a 3M ounces could have been demonstrated.”

In fact, for most ot the 1980's and 1990's they never had a 2 million ounce resource!

Did they not(back then) try to demonstrate a 3M ounce resource or better through extensive drilling etc...........or because it was not possible........or because they just did not need to bother because they were finding enough gold to simply continue mining it?



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