Tyhee Knows It's Possible to Get Big Bucks Without Dilution.

TYHEE GOLD CORP

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Tyhee Knows It's Possible to Get Big Bucks Without Dilution.

posted on Jul 22, 2010 07:18AM

I'm sure Tyhee knows it can get significant financing without diluting its shares, as was recently the case with Klondex Mines (KDX).

With NO scoping, NO Pre-feas. NOR Feasibility Study, but with only a permit for limited bulk sampling (read small mining operation), Klondex will pay back a $10M-$20M loan, from profits made from future mining beginning next year. It plans on paying for a feasibility study from its mining revenue.

Klondex's got 2.15M oz of gold and is valued at $22.55/oz and has 32.2 million shares outstanding, Yesterday KDX was selling for about $1.80/share.

http://www.marketwatch.com/story/klondex-sets-term-sheet-for-10-20-million-in-gold-backed-financing-to-fund-its-underground-program-in-nevada-2010-07-14?reflink=MW_news_stmp