Upon more thought, I think Tyhee will probably offer a substantial premium over the current .085 price to Sutter shareholders for their 84.8 million shares. Not sure but at a guess .13 or slightly more, which was the price after a spike in the share price just over a month ago. In May the price spiked to .15. I trust they will settle that issue and make an announcement before the deal goes through August 15th. No cash cost to Tyhee, but Sutter share valuation about $11 million at this price.

And seems important there should be no investment in Sutter infrastructure before both deals go through, both the 73% and the 84.8 residual Sutter shares. So I would say no substantial gold production until the fall. Likely lots of intense discussion going on behind the scenes about these residual Sutter shares. There is a break fee as well that Sutter will have to pay just in case, $1.5 mm, unlike the deal with SFEG in which Tyhee had to pay. This is a big advantage to Tyhee and to the deal settling on August 15th. In the short term, look for Tyhee share price to go down a bit and Sutter to remain stable until the picture looks clearer. When both deals are done it will be clear sailing. JMO. Ike