TYHEE GOLD CORP

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Message: Takeover

Methos,

Here's a ballpark, crazy speculatve Tyhee buyout price that I'm gonna trow up against the wall to see how much of it, if any, sticks. Since my facts for this calculation are from my aged balding gray haired bean, I'm going to deny I ever wrote this. I hope you will too, upon request.

Here goes:

Cumberland Resources in Tyhee's neighborhood of Canada's NWT was purchased last year by Agnico-Eagle for about $275/oz of resource. They had about a 3M oz resource (M&I plus Inferred).

Ok, Cumberland had a FEASIBILITY STUDY and Tyhee, we hope, has a PA. They, by the way, also had Archean deposits, at generally somewhat higher grades than Tyhee has the the YGP (not counting the encouraging grades at Clan and Goodwin Lakes).

So, let's go crazy and multiply 2M oz X $275 and we get $525 Million, divided by 180 million fully diluted Tyhee shares, equals a buyout share price $2.91 which is almost an EIGHT BAGGER.

Ya think maybe Tyhee could do better for its investors if it goes it alone and produces around hummmm , let's say somewhere between 100k oz and 200k oz per year?

Yes, thanks, I will have another coffee.

Cheers

Baires












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