Hans: Brian Briggs resides in Colorado? Didn't know that. What brought up Bullfrog for you?

Many native bands in Canada own significant enterprises, likely in the US too, I have recently discussed with a native entrepreneur from a reserve nearby our home, though it was more a social visit, I have very good friends on local reserves, great people, it is not a secret that natives in Canada are looking for good solid investments for social as well as economic purposes, for jobs and skills training, and desperately want to keep their youth on the land as the article below says. They are becoming much better organized and cohesive in some areas, and have the power to keep businesses afloat or not. And have growing access to capital as well which is not well known. Some of their leaders have been taking training in economics for a number of years and are not shy or intimidated by business people. And they like resources, partly because they exist on their land, and especially with the economy on the brink they like gold for the foreseeable future. In some ways they are handicapped by the Indian Act (they cannot personally own real estate on the reserve, for example), which means they always have to act politically, but this is also an advantage because they can act collectively with purpose.

I do not have any inside information about Tyhee but putting things together it makes sense that Brian Briggs is pursuing this kind of opportunity, outside the traditional sources of capital and outside the way that mining companies traditionally have developed, given the economic conditions and the social conditions on the land right now. Not all native bands are against development, in fact most are for it and want it desperately though we hear mostly about the others. But they want to benefit.

Look for firms that are running dry or being taken over by native bands on native land, but where the native bands want them to continue because of the economic benefits but do not have anybody to explore, develop or run them, as opportunities for Tyhee. I bet there is at least a small number of pm miners, maybe on native land who fit the criteria of current or recent production, low cost of production, lots of exploration potential but have run out of capital or have run into problems with local native bands for abuses. Still need to be careful about this, though natives themselves would have a better idea about whether an investment is viable on the land of certain bands. I doubt that a firm based in Colorado would have the same opportunities, though I might be wrong. And I might be wrong about much else also regarding Tyhee, take it for what it is worth, but this is the future for Canada's resources. Watch international capital move in quickly because the local capital types are not moving, for whatever reason, likely misplaced distrust. Ike

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/ring-of-fire-mining-prospects-empower-disenfranchised-natives/article6605172/