Dave Webb Gives an Excellent Interview on FSN This Week!

You must listen to it!

There was lots of very relevant information given in this 20 minute interview. But for me, there were certain things that were most outstanding.

Including:

1. Dave suspects that from the drill holes already completed on Goodwin and Clan, but yet to be reported, there may be enough there to go from the current "1.8 million ounce resource" (in all categories) to over 2 million ounces! Soon!

2. Tyhee can make a profit as long as gold is over $500/ounce.

3. Access to capital: Even though there are institutional buyers NOW wanting to do financing, Webb will not dilute at these prices. Tyhee will not need to finance for another 12-18 months with a burn rate of $150K/mo.a

4. He reasserted that the estimated capital cost of $150 million for a mine can most likely be done for less, given the current change in the economy.

5. That the fate of any potential takeover (hostile) of Tyhee is mostly in the hands of its share holders. And, any acquisition would need Tyhee's personnel to go along with the deal in so far as its workforce adds enormous value to the company.

6. Webb didn't actually say RAB, but as Tyhee's " second largest share owner", that's who it is, as RAB sold off half, Webb's been given the chance to do, "Christmas shopping".

7. Also, Webb sees the PA's estimate of CA$384/oz cost of mining as too high. Tyhee can do a lot better (lower) than that.

8. Dave speaks glowingly about Clan and Goodwin's potential.

Great interview!

B.