I used to wonder about this myself. I recently asked about it. He basically replied that he is in his mid 50's and has to set aside money for his retirement. He can't pour it all into Tyhee, because having 100% of one's retirment in a gold junior, even one as good and prospective as Tyhee, would not be sound retirment planning. How many of us have 100% of our retirement funds in Tyhee? or even in gold junior sector? I for one have only 12% of my retirement funds in gold (yes, all of it in Tyhee). But I am still a long way from my own goal of one million shares, so I buy more whenever I have a windfall. And my own government pension is very secure, whereas DW has no company pension plan, from what I gather.

Second, his compensation as CEO is somewhere in the bottom 10%. If you look at the four other non-producing companies in the NWT currently undergaing MVEIRB proceedings, the CEO pay associated with these projests: Tamerlane - $142, Canadian Zinc - $461, Fortune Minerals - $369, Avalon Rare Earth - $ 280. Also, the average compensation of Canaccord's group of non-producers is almost $900,000 (Even Kimber pays well at $260).

What does DW make? - About $128K + a $20K fee for his consulting firm.

So should DW invest his savings into a company that he has already poured initial startup money and occasional purchases into?

One way to solve this conundrum, I suppose, would be for a shareholder led revolution in which we demand that Tyhee create some kind of retirement package for exceuctives. Alternatively, maybe we should give DW a pay raise so that he can afford prudent retirement planning and have some excess he can apply to continued purchases of Tyhee at these low levels.

So I put it to all of you, how about we raise his pay by $50,000 with the understanding that he should buy at least $4,000 per month of additional shares to go with his 1.7 million plus whatever he may hold in the name of family members or other outside accounts.

But seriously, folks, he has enough invested in Tyhee. It is certainly the core of his retirment plan, and we are all near the climax. He'll have net smelter royalties, he'll have tremendous gains from his very large shareholding, and he will have taken us through that tough 10-year (ok, 12 year) process of regulatory and other benchmarks in a steady and persistent (and ultra frugal) helmsmanship as a very poorly paid CEO.

Look at what he has accomplished for us all. I say he has given us all he can, and that he does not need to buy even more shares to prove his commitment.

Finally, while it is a positive in many ways to see insider buying, remember what happened to Viking gold? Their CEO was investing huge sums to keep the thing going, from what I recall. Then he seemed to have run out of money and VGC really crapped out and some new investors came onto the board and effectively took control, and steered the company into a new direction in an entirely different gold province. from what I recall. I would much rather see DW not have to use his own life blood to keep Tyhee going. Rather, let it succeed based on his best and underpaid efforts. Track record below attests:

Gene Skellig