Ron called our attention to the release of Kimber Resources' scoping study yesterday, their Preliminary Assessment (PA).

It looked good to me, seemed quite positive. Nonetheless, the market rewarded Kimber with only about a 2.5% rise in share price.

What might this tell us about how the market may reward TDC if Tyhee releases a robust Pre-Feasibility Study (PFS)? Perhaps it's too soon to tell, and we should allow the market to better digest Kimber's PA numbers. So, hold on to your seats as we approach the time when we see Tyhee's PFS and how the market responds to it.

I think Dave Webb said it best when he said to me in New York last month,

When the price of gold goes up or Tyhee can claim to have gold RESERVES delivered from its PFS, at least Tyhee should be undervalued at a higher market cap.

Although he said this with tongue in cheek, perhaps his words, in this market, will be prophetic.

Baires