CASH

(or, the lack of lots of it)

Since the Post-2008 crash, with its ever depressed share price, Tyhee's had to sell lots of shares to keep going. But, going it did! A positive Prefeasibility Study, more resources, RESERVES, more M&I ounces, many more gold zones discovered at Clan. Lot's of progress was made, except in one critical area of its growth, and that would be,

SHARE PRICE

its share price, and relatively low cash stash on hand.

So, there you have it. And as Rick Rule points out now, the financing of a junior is key to whether you should be investing in it:

"You are going to have to be extremely selective. Many of these smaller companies are way under-financed and if your company is under-financed coming into 2012 and has to raise money in tumultuous market conditions, you are going to get diluted. But if you choose companies that have good projects, and they are out there, undervalued and well financed, I think you are going to do extremely well."

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/22_Rick_Rule_-_Here_is_What_Investors_Need_to_Look_for_in_2012.html

If the PP gets Tyhee $6M, let's hope it'll be seen as better financed...