A couple of points from a sleuther on the road.

I'm in Vancouver. First, checked out some real estate in an area where lots of forestry people are laid off and houses are being given away for deep deep discounts. In one area, one firm that usually handles 15 sale per month has only 3. One site listed for 1.2 million sold for 460,000! I'm not yet ready to pick this carcass, but me and my evil genius developer friends are very confident that now is the capitulation in the local real estate market (sunshine coast).

On Friday I stopped into Tyhee's head office, un-announced. Only two people were there at the time. One was a member of the board. I asked him lots of questions, but he was not the best one to handle most of them. I'm going back on Monday to interrogate DW and anybody else I can tape to a chair and water board.

What I learned so far was that the purpose of the private placement in December, which seemed a bit odd to me as they have in my estimation about 2.5 million in cash, so whay raise $500,000? I had hoped that this meant winter drilling. Seems that was not the reason for it. It's actually about how when they do a private placement of flow-through shares, these have to be spent on exploration. These funds are earmearked for a project which has not yet been funded, and can best be funded with flow through as it is exploraiton, but not drilling. It's cutting / re-cutting the old core samples associated with the Clan Lake deposit. This will add lots of metres to the data for the growing crown jewel resource we are currently excited about, as investors. As the cores are already drilled, and had appearantly been logged accurately, they may be added to the more recent drill results already announced.

I will confirm this with DW. IF my understanding is correc, and Player or others caution here is warranted....then this would represent much better than winter dirlling. As it is more in line with the cash preservation mode, but still yields meteres and meteres of NI 43-101 drill results - without having to pay for drilling!

Maybe it was somethign they had as an ace in the hole, to take advantage of when the focus warranted, and this appears to be now for CL and in this economic climate.

Other areas I want to drill into DW (pun intended) is on the progress of the PA, what benchmarks we may accomplish in 2009, and if there are any current discussions with any pottential joint venture sponsors. My personal view is that it may be better to do a JV now and get this mine on line sooner, than to keep the slow and steady plan for 100% TYhee ownership of the mine.

And with this constellation growing so well, and gold now breaking free...and invesmetn funds re-deploying into gold. We are in for some good weeks ahead.

That last post by Value Kat, with a few thumbs up, felt like it was my own writing!!! And I concurr with this math and logic. So I value my Tyhee shares at multiple dollars RIGHT NOW, and over $10.00 within two or three years, if not much sooner.

So those of us who have traded this stock, and I have here adn there, now is the time to tighten our grip on our shares. Time for our next ratcheting up!

Detailed report on Cambridge Conference to come in the next two days. Wont' go to the Round UP, but believe it will be the more important event this week.

Confidence is high.

SKELEG