Tyhee would be well advised to not do any JV with a puny player that has had some recent success with SP promotion.
It may help having fresh energy on the Tyhee board, but the only JV that makes sense would be to bring a major in for a small 10% piece, to get to know tyhee, and then let them buy up to 50% once TDC has a permit and is ready to build a mine. DW would not throw away our equity with another little junior. I do think they would snap up small juniors at some point in the future, but saying WCX has a major investment in Tyhee is a bit of a stretch. Yes, their money was needed, even at the low share price, but it does not make them major players at present. If memory serves me, over $45 million has been invested in the YGP, so it would take more than $10 million new investment for me to be impressed with WCX.
I am also amazed at how much that other puny junior, Viking gold, has appreciated. Some 500% over the last few months, but based on what? Just the new energy of the new CEO and new board members, and personal investment of their family and friends. Tyhee will have a good run, some time in the next year. Then just watch us!
SKELEG