posted on
Nov 16, 2013 03:51PM
TYHEE GOLD CORP
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Message: Re: NEWS OUT
The strategy is to mkt their in house team to a funding source (share dilution) who will finance a merger with a struggling producer. They will then be able to bring income in to the new entity while Tyhee goes through the EA and Permitting. If the Tyhee team can add real value to the merger in resources and expertise it may work. Of course the dilution factor is at play. Could be substantial. A consolidation of shares to allow for a higher share price could be warranted if they can pull this off.................................
I have seen this work in the dental profession. A young grad starts a practice in a new city. He is barely making the rent. His potential is not even close to what he is delivering. Wasting time sitting around. He buys an aging dental practice from an older retiring dentist who sends most specialty procedures out of the office. The value of this practice is low. The new ambitious grad borrows to buy the old practice and moves it into his office. He now has an instant roster to work on and benefits by not sending out procedures he can do. His income is magnified and voila, he is back in business and paying down his loan................................
I did this thirty years ago and it paid off. It can be extrapolated to other businesses such as mining if they are a good fit.
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