In one of Dave Webb's interviews he stressed that issuing more stock is not always dilutive if you also increase the resources so the shares per ounce remain somewhat consistent. we will increase reserves and the feasibility study will prove as much. This project will find more reserves and will continue to drill for many years to come.

Dave Webb has not invested his entire adult life and in particular the last decade to this project just to get aced out in the "final minute of the game". It's like playing prevent defense in football, it usually "prevents" you from winning by being too defensive minded. He will see this project thru to production and will be rewarded greatly.

Finally, my guides for this investment decision are Chris Barker from the Motley Fool, Martin Armstrong, Jim Sinclair, James Turk and my own experience with local government in Illinois. The political system is broken even at the smallest level where elected officials don't have the political will to say no to tax increases and issuing more debt to fund projects. At the local level where political party is of little consequence, campaign fundraising isn't necessary and therefore officials are free to vote however they like, beholden to no one, still don't do what is right to correct the problem. Now imagine Governors, Senators and Representatives whose only interest is getting re-elected making the tough choices that will force austerity on their constituency. No way Jose. Our investment thesis with Tyhee is therefore very much intact as government officials will choose money printing and debasement of currency which will bring about the continued rise in gold price and make Tyhee a company worth having stock in. Patience my friends.

Regards, Pat