Signs that Tyhee's Profitability May Be Getting Much Better.

TYHEE GOLD CORP

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Signs that Tyhee's Profitability May Be Getting Much Better.

posted on Jan 15, 2009 10:17PM

Signs that Tyhee's Profitability May Be Getting Much Better.

Gold is now over CAN$1,000 vs $750 when Tyhee did its Preliminary Assessment Study (PA), and oil (a major cost component) has gone from CAN$140 to CAN$45.

In addition, one benefit of how Tyhee may profit from this tough economy is a shift in the political will to see infrastructure-related projects and job-creating projects move forward. Tyhee's projects do both.

So even a minor shift in the regulatory environment may pay huge dividends to Tyhee.

Tyhee's PA delivered an estimated mining cost of $384/ounce of gold. What might that estimate be now it the PA's completion in June last year had been further delayed?