Hello all,

Yesterday I e-mailed Dr. Webb with a couple of questions. Today he kindly replied and his complete and candid response was refreshing. I am as pleased as ever to be invested in Tyhee. Well, I was happier when the stock price was 0.75! :-)

OK, I asked him how Tyhee intends to weather this credit contraction especially if it goes on for much longer. I also asked him if they plan another video any time soon since the one last year was great.

Summary of his response:

Dr Webb feels the markets will only recover when there are additional funds available to buy equities. The Fed will likely inflate and initially this money will chase low risk investments first. Then later, money will trickle thru to more speculative investments. This will happen and higher risk investments with with solid assets will recover quicker than most straight exploration plays. Investors will want real proven assets.

Tyhee has funds to last for 12 to 18 months or possibly more if they slow way down. They have already taken steps over the past half year to reduce expenditures while still advancing their projects.

They have several projects at different levels of development currently. Their Yellowknife (YK) Gold project is now demonstrated to have viable econmic potential given certain assumptions. YK is their most advanced project. They also have 3 other properties which have all had positive exploration results which all support further work. In March they shut down one drill. In August they shut down another. They do have contingency plans to go into a 'go slow' mode or 'lock down' mode if ever needed. The Board meets on a regular basis to review the state of everything and will act as needed.

Last year's video had very positive feedback and they are planning a new updated one in the near future. They have had discussions with producers and he implied they are looking to maximize the end result.

Thats it. Need to go home and eat!

SM