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TYHEE GOLD CORP

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Message: What a day

What a day

posted on Oct 07, 2008 12:58AM

Well I dont know if thats the final low for the general markets (I doubt it) But my guess is that we are pretty close to a bottom for the juniors. I am now the proud holder of more then 200K shares in Tyhee at an average cost of .15 and I feel preety good about it, picked up some more minefinders and kimber as well.

I think it is time now to start getting a list together of near term producers as these should move ahead of the early stage companies. I would be much happier having my money in a company that I know is going into production then in a bank that I think will have to be bailed out. I am more then convinced now that gold will outperfrom other commodities including oil so I am tending to the view to stick with gold in its various forms, I'd leave silver alone as the opinion that had the gold silver ratio breaking down from 55 is calling for a final bottom of 100 , so on this basis see no reason to hold base metal miners, even energy might not perform relative to gold if the more deflationary outcomes occur, the only situation I will be wrong is if we have a complete deflationary crash a la Prechter where even gold does not perform but I dont buy that, so I'm playing the odds here sticking with gold, it will work in just about every situation whereas other "hard " assets may not do well or to put it another way I think I am aming for a 90% chance of breakeven versus a 50% chance of breakeven with other investment classes

I am about 30% invested now and would aim to at least double this by the end of Nov



good luck to all

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