For starters, Tyhee is a speculative vehicle which should only comprise that portion of your portfolio that you are willing to take a catastrophic loss on. In my books it will only have real value at much higher Au prices and more reserves in the ground. That will be when it is feasible to mine and only then will it be recognized for what it is. I imagine that quite a few of us would have participated in the latest round of financing given the terms. What about a Rights Offering to current shareholders? Excellon Resources had a successful offering recently which rewarded the shareholders handsomely while raising funds.

What we have here is a stalemate in share price. There appears to be a constant supply of sellers at these low values. Old school economics, before the past fifty years or so, dictate that a renewal can not occur until all the mal-investment has been purged from the system. In our case that would be the weak hands who are affecting the share price. Let the shares go, move on, recalibrate your goals and objectives and let the market decide the price. Yes, the price will plunge possibly at first and may stay there until this process is finished. Whatever price is reached will be the equilibrium or close to it. It may be .10, .11 or even .15. Who knows?

For the rest of us we should protect our portfolios by trading our favourite liquid PM stocks that have a wide swing in price. By now, the rest of you have discovered the scam associated with HFT and implications of front running. This has been well known by insiders for awhile. There are other subtle ways as well which are not obvious until they are exposed.