Bob,

One of the things that ultimately irked Puplava was Tyhee's "dilution". Yet, perhaps hypocritically out of the other side of his mouth, JP spoke of the neutral-to-positive effect that issuing more shares had on a junior provided the increase in the value of the company was commensurate with or greater than the increase in number of shares.

I think Webb has successfully demonstrated that he's substantially increased the intrinsic value of his company to justify the large share float.

JP obviously disagreed. So, as Hansix characterized, he took his cap and bat, and walked off the playing field.

This departure contributed to others departing as well. To them, Tyhee's a black sheep.

Now we have Black, not a sheep, probably more like a wolf.