TYHEE GOLD CORP

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The Clan Lake summer drilling program will no doubt be extensive, and I am sure there is a massive resource at Clan with millions of ounces at the core of the resource (and I am hanging in with my shares and adding when possible), but further drilling around the edges and finding "the limits of the resource" at this point when the share price is so low suggests the SP will continue to be low for a while, and why Mr. Viti is so concerned about share dilution. Why spend money on the low grade more speculative ground, then go for cash when the SP is low as a result? Why not go for the heart of the Clan Lake resource, raise the SP as excitement sets in, then go for more cash, when the dilution will be reduced? The last drill results from the periphery of the resource, although not disappointing to me, were not particularly scintillating for those who are looking for high grades. I know we have discussed this before, and there has been a discussion rationalizing dilution as being a good thing generally, but without distinguishing between the different strategies which optimize the use of cash to minimize dilution. I would be interested to know what others think? Isaiah

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