In fact, Tyhee Executive Salaries Have Declined, as Dr. Webb has pointed out.

You can see this on Tyhee's website and filed on SEDAR. On page 11 it shows the compensation paid to its Named Executives.http://tyhee.com/corporate/Tyhee%20-%20Information%20Circular%20for%20May%207%202009%20AGM.pdf

In the years 2006, 2007 and 2008 compensation (salary plus bonus) (in thousands) was:

Webb: 130, 170, 157

Anderson: 73, 85, 117

Sylvestre: 127, 156, 144

Levesque: 160, 161, 158

Webb also receives a royalty payment from the sale of his wholly owned gold property to Tyhee. This is not dependent on employment or performance and will continue until Tyhee returns the property to Webb or buys the royalty from Webb.

You can see that, with the exception of Anderson (who went from part time to full time), since 2007, all Named Executives saw a decline in earnings through 2008. Declines ranged from $13,000 to $3,000. There have been no salary increases for the named executives since late 2007.

Cheers,

Baires