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TYHEE GOLD CORP

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Message: Tyhee's Cash Position

Tyhee's Cash Position

posted on Jan 08, 2009 11:09PM

Tyhee's cash position is publicly available. It's financials are released four times a year.

Here's the latest, ending August 31, 2008,

http://www.tyhee.com/financial/docum...

In an email to me yesterday, Dr. Webb pointed me to review the following two pages,

On page 2, you can see that Tyhee's cash position was $4,633,871. While the total current assets were $5,197,242 (cash plus prepaid amounts receivable and inventory, mostly fuel).

On page 3, see that for nine months, Tyhee's cash expenditure was $584,473 ending Aug. 31, 2008 which was comparable to previous periods and figure to about $65K/month, which is what Webb indicated are Tyhee's expenditures are without exploration.

The overwhelming balance of expenditures was, "Additions to Exploration Properties..." of $9,494,373. (That works out to about $1 million per month).

Webb said that there will be a news release shortly that will update Tyhee's financial status and explain where the flow through money will go, including exploration priorities and near term objectives.

Cheers,

Baires



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