YELLOWKNIFE, N. W. T. -- In retrospect, the president and CEO of Tyhee Development (TDC-V, TYHJF-O), Dave Webb, says it was a mistake. Acting on the advice of a financial adviser, a few months before the markets had completely soured in late 2008, the company began to shut down its drills at its Yellowknife gold project. The idea at the time, one that many other juniors would subscribe to, was to hold onto any available cash so as to stay afloat while riding out the worsening economic storm.

That prudence, Webb says, came back to bite Tyhee as the gold market began surging in early 2009. Because Tyhee had quieted its drills so early on in 2008, well before the worst of the crisis hit, it had little news to release with which to entice investors by the time the market began to pick up again. Instead of an attractive gold prospect, Webb says investors saw in Tyhee a company bereft of news, one that looked to be on care and maintenance. "Why would I invest in that?" says Webb, paraphrasing the thinking of investors.

While I applaud Dave Webb for his humility I think things will turn out for the better as they were handled. And I can only hope that I am right. I have no crystal ball.

It is just now coming to the attention of the world at large that paper currencies, particularly the U.S.D., have serious flaws; namely that they can and will be printed to whatever degree governments wish for whatever purposes they have in mind.

For reasons I have stated in private messages and hinted at in posts I don't think any amount of positive information would have had much effect on the share price in the midst of a market that was only just beginning to listen and with conditions that good news, unless sensational (like finding a 20 X 20 X 20 meter nugget of pure 99.999 fine gold) would not have changed. But now with the sentiment in the market changing, it will become the time for news releases. I suspect Tyhee will be able, in their extremely undervalued condition, to release enough news to keep the markets happy and the Tyhee story moving along. The positive reviews they will get at this point (thanks guys for all the posts) in time will only help tell that story.

Positive news releases now, along with an upcoming move in the price of gold, will put the past behind all of the juniors that have the goods. Tyhee has the goods, both in property and personnel. We have, I believe and hope, reached the point where nothing can stop the run that will soon take place both in the metals and the juniors.

Go Tyhee,

P.