Ike,

Not all roads end up at Clan. Some roads lead to Goodwin Lake. And it's a shorter drive from Goodwin to the (proposed) mill than it is from Clan. Goodwin's grades are as good as those at Clan but, since it's relatively less explored, I wonder how Tyhee sees its potential. Clan seems more like a sure thing (historic 600,000oz and 14gpt bulk surface sample), and it's part of the Yellowknife Gold Project, while much of Goodwin is not (only the Vad Zone is).

Regarding a Joint Venture, I think the market will determine if Webb considers a JV, even a buyout. If the market rewards Tyhee for a robust PFS as it didn't reward Kimber for its good Preliminary Assessment (looked more like a punishment), then I think Webb's got to more seriously consider other options than what he's been doing for so long. But don't think that a JV will necessarily help Tyhee's share price. Niogold did a JV recently and the market yawned.

This market is a Dog. But many think this Dog's gonna run hard by year end. My sense is that if the POG, HUI, and the GDXJ take off this year, then so will Tyhee.

B.