The "market" doesn't believe POG will hold 1600 much less go up from here. If it did, HUI would be 800 - 1000, not in the fives below all-time highs.

2) #1 above reflects on Tyhee's price as well. If POG not only holds, but increases as it has steadily for each and every one of the last 11 years, there will eventually be a double slingshot catch-up-and-accelerate effect when the light bulb goes on above the black box programmers' heads regarding all things gold.

3) Remember, we are not going to get funding to build a mine without significant stock price appreciation. Whether someone comes up with $100+MM for 49% or less of the shares, or bank financing is the route, it won't work with a $46MM market cap as we have now. So let's not forget no matter how well our approvals and FS go, we need by my calculations at least a 70 cent stock price ($100MM/49%) / (288MM shares). That is our trigger.

Strike