Ike,

Just as a word of warning, I wouldn't trust anything that Cramer says. He himself did a video in which he spoke of his days running a hedge fund and all the little "stunts" they would pull such as calling a news media outlet and giving them disinformation that would enhance the move the fund wanted to make when the market opened. He openly admitted to outright illegal market activity in that video which was posted on Youtube about 1 1/2 to 2 years ago. Is he now a straight shooter? It's possible I guess; people can change. I know many who have done so.

That said, I agree that the correction in the metals is just about done. Both the time frame and price seem to indicate that. So I agree with your heading re the POG.

The chief benefit of the reverse split is to elevate the stock price. There are two reasons why this might be done beneficially.

1. First and most important is to get out of the Bulletin Board markets. Tyhee is a "Grey Market" stock in actuality though we often refer to it as on the pink sheets. We need to get onto a real U.S. exchange in addition to the Canadian Exchange. This will greatly enhance prestige and exposure. It will also allow us (speaking as a Floridian) as traders to buy and sell according to real rules. The market makers do whatever they wish on the "pink sheets." You put an order in for 30,000 shares. They will give you 1000 shares and 50 other trades will go across the screen that should have completed your order but you won't even get to smell a share. The next day (with a new commission) they will let you have another 500 shares.

If and only if, you hit their ask price when buying or their bid price when selling can you have any assurance that your order will trade regardless of what crosses your screen. Even then, if they start to fill your order and they just don't want to or the price on the Canadian side changes causing their bid and ask to shift you still may not get filled. It is at best a crap shoot. Most mainline investors will not touch these markets. So the entire US market is effectively lost.

2. Also with a higher price the incremental price change is vastly reduced. Like you, I don't mind the volatility, but many people shy away from these stocks. If you hold a large position, your portfolio can change by $2000 or more for every penny change on the index. It is a wild west show that most normal investors avoid. Tyhee would get much more attention on a real stock exchange. They would gain the attention of the mass of U.S. investors. KBX almost always trades more on the U.S. side than it does on the Toronto exchange (KBR.TO).

The main reason for the reverse split is the above; not how it looks.

Let's imagine the 1 to8 I proposed. Under those circumstances Tyhee does look rather special. I'm sure a few others exist, but how many companies can you find that are in a currently safe region and have the other attributes enumerated below.

(Australia has threatened punitive mining taxes, the U.S. passed a mining bill that could have severe negative consequences going forward which will likely come into play when (not if) the U.S. goes the way of Tunisia and Egypt, Mexico as a state is in serious trouble [Jim Willie refers to it as an already failed state].

Tyhee has a good management team. Dave Webb truly knows the area and geology. Virtually everywhere they stick a drill in the ground (except when trying to find boundary limits) they come up with good results.

They have done a positive PA. They have completed a positive PFS. They will soon submit their DAR. They now have insiders with access to plenty of capital. They hold land claims to a huge district. They have a resource with recent drill results I would estimate in excess of 2.3M oz (800,000 of which are reserves).

They would have a stock price of $1.52 based on Friday's close and less than 40 million shares outstanding fully diluted.

Even Kimber, Jim Puplava's "undiluted" choice, with similar resources has over 88 million shares outstanding at a similar price (slightly lower based on Friday close of $1.40). Neither has Kimber had the success Tyhee has had with drill results in locations other than their combined Carmen and Veta Minitas deposit. I am not knocking Kimber; I own shares there too. I just feel Tyhee has become the better of the two.

There may be other companies with Tyhee's credentials but I don't know of any.

P.