THE TYHEE DILEMMA

To Be A Quick-Start Pickle Producer or an Unfolding Big Enchilada?

A Quick-Start Pickle Producer

As I recall, Apollo Gold went into production last year and was a small Canadian producer with not much of a promising future with its apparent limited resources yet proven. It's market cap didn't go much above $50 million and its share price, as I recalled, didn't exceed 45 cents. But as many would applaud, compared to Tyhee, it had a much lower share count, something like around 100 million, AND had achieved production too!

An Unfolding Big Enchilada

Tyhee, on the other hand, with a far greater share count (although half that of Romarco Mineral's), is building its reserves in a constellation of properties around a central mill. This cost more in time and in shares issued. So the strategies of Apollo and Tyhee are quite different. With Apollo, winning on getting into produce more quickly with less "share dilution", but, at the same time, failing to convince investors of its resource potential for a more productive future. While Tyhee, if successful, will have a far greater number of shares issued by production time, but also with the greater likelihood of a much bigger resource and production potential.

I think the market is realizing this distinction, as Tyhee's market cap is approaching that of Apollo's just before Apollo merged with Brigus Gold last year.

So as with Tyhee, like Romarco and Intrepid Mines, I'm supporting Frank Barbera's sentiment when he said, "Damn the share count, Full-Speed ahead."

Go Tyhee! And, let's get at least 4 drills on Clan next year!

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