Tyhee is not under any pressure to sell, and all this talk of buyout is a waste of energy. Buy in would be nice.. but
They only have to raise funds for continued exploration, and as they have only kept two of the three rigs constantly busy, and have not been burning much of that fuel reserve they brought in at 1.01 per litre...I bet they don't need to raise very much cash this fall. Maybe only about $5 million or so. As JP seems keen on keeping the exploration side as the best value, and the progress towards operating a mine will be based on permitting progress this year, what's the big panic?
Tyhee's focus will continue to be finding gold, adding to reserve and progressing the mine permitting / Pre Feas.
The part that hurts right now, low share price valuation, is out of their hands. We need to see POG break $1,000. We need to see investors realize that the problems in the US economy won't be fixed soon. That inflation is eating away at their wealth, and they need to protect it with value. Gold rising, and getting more investor interest, is our salvation.
go gold!