TYHEE GOLD CORP

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Baires: In my mind Knobby is right on, there is only one real important question right now, and that is whether the leadership of Tyhee plans to privatize or not.

There are lots of other issues of course, but none of them really worry me, e.g., a JV with WCX or another miner would be very interesting, I believe financing will be arranged because if S&B can't get financing, then who can? And the question whether DW is about to be exited or not and all that is also interesting but moot if there is privatization in the works.

In any case, the logical conclusion is that the price can only go up from here, whether it takes a while or not and flutters around a bit first. The limit of this upward movement will be set by whether the shares are all bought up or not by S&B or some entity they control.

Ike

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