Do you think the potential pending political conflict that they are referring to with a possible change of governments won't have any impact on the governments relationship with the natural resource industry ? Or that it is just overstated and an unrealistic possibility of even occurring ? I don't know the political agenda of these smaller coalition parties that are attempting to unite and replace the Conservative government.

But in the states while the Bush administration in many regards wasn't as conservative as it was labelled it's absolute rejection by groups banding together to eject him has set the stage for people with some pretty aggressive anti-business agenda's to come to bat. Natural Resource companies here are going to get new pressures, costs and requirements on the labor, environmental and regulatory fronts. Against the backdrop of the current economy I can summarize that briefly as a "Not a good" thing if we were a developmental company here.

Do you feel that we will be relatively safe from that possibility there with the pending possible political developments there in Canada that the article refers to?

Most Canadians are Liberals, which means that they are mild socialists with liberal tendencies. We have a lot more in common with Great Britain politiclly than with the Unite States. We believe in things like universal health care, old age pensions, and social welfare. We have learned the hard way to balance this socialism with free market forces. Voting for the Conservatives is a bit of a protest vote that happens when the graft and favoritism of the Liberals gets too ridiculous.

My view is that after a year of stupid politics, the Liberals will get back in power, possibly by granting some concessions to moderate NDP members. They have to find a more dynamic leader. A lot of people will be upset about losing their jobs, and not knowing that there's not much the Conservatives can do, they will blame the current government. When Liberals get back in power they (Canada's woes being caused by external factors) will engage in status quo deficit spending on infrastructure projects.

If your question is, "will we nationalize companies?" The answer is, we've been there, done that, have seen the effects, and are unlikely to do anything like that for a long, long time. If the question is, "will we change the way we do business overnight, in such a way that companies like Tyhee will be negatively impacted?" The answer is definitely not. A place like the Northwest Territories might discourage Tyhee out of sheer stupidity with regulations. That could happen anywhere. But they would never discourage investment.

You may not be aware of this, but Tyhee has benefitted from substantial tax concessions from both the Canadian and Northwest Territorial governments. Every time the company wants to raise money, they have the option of offering "Flow through" shares, which means that the money spent buying these shares can be written off on Canadian income/corporate tax.

As to where Canada will be six months from now... hurting. I'm really not sure what to expect, exactly. The Canadian economy does follow the U.S., with a lag. But the stock market, like any, is forward looking and has already factored some of this hurt in. Has it factored it all in? I don't know.

I do know that if the world is going to go on an infrastructure spending spree, they will need industrial metals, which we have. I do know our dependency on oil has not gone away. Puplava may seem way wrong right now, but my vehicles still run on gas. He won't be wrong forever. And Canada has oil.