TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: A Right Time To Sell Tyhee...You Thinkin' The Same?

A Right Time To Sell Tyhee...You Thinkin' The Same?

posted on Jul 30, 2008 04:17AM

A Right Time To Sell Tyhee...You Thinkin' The Same?

Webb/Skeleg assure us that there's enough money in the bank to not have to do any major share dilution for Tyhee's 2009's operations (fingers crossed).

I think, "great!" During this time, Tyhee can significantly revise its resource estimate and, as I suspect, show spectacular potential at the Lakes and at BigSky.

Once in print, these advances, if met by a continued sucky* junior market, will put Tyhee in a much better position for higher bids. Thus, getting to that point of greater valuation without major share dilution will be just terrific.

Another scenario that occurred with this morning's second cup of coffee is that Tyhee, if/when it had a bankable Feasibility Study completed within the next 18 months (fingers crossed), could get debt financing to go it alone into production. But if that happened we'd lose Diabullic and others who think they'll find better plays in explorers who primarily explore.

There's still no indication on whether Tyhee's next study will be a Prefeasibiility or Feasibility.

So, I'm thinking that JP's famous FSN quote where he said 'ALL juniors with 2 or 3 million ounces will be gobbled up within the next 24 months', represents a time frame that would be best for Tyhee's possible takeover, if Tyhee could get closest to the end of the this 2 year period without major share dilution and if the market is still sucky* by then, a buyout, if desired, would happen at the best time for investors.

*a technical term originating in Brooklyn, meaning bad.

B

Share
New Message
Please login to post a reply