Don't even think about them having a JV with Tyhee. Take it, rather, that they're ridding on the wings of a typical explorer with a decent drilling budget. It's common for explorers to have high valuations during this stage of their development, a temporary levitation. But it probably won't last. ........ON THE OTHER HAND, perhaps their investors are sniffing out a Tyhee takeover by a mid-tier or intermediate that could conceivably make a deal with TerraX. If not, then the rumor starts here.