I have not heard the context of his comment. Perhaps he refers to large mining operations such as an iron or copper mine of size.
There is considerable "cash on the sidelines" that we always here about and there exist plenty of private investors who would love to invest in the likes of Tyhee and others when the price of gold gets a bit higher and stays there so the investment will be a sure thing. For now everything is too uncertain.
When the tide turns from the deflation like conditions we are now experiencing to the beginnings of real inflation and the reality strikes home of how much paper money has been brought into existence worldwide, gold will go much higher in price. Then companies such as Tyhee will have no difficulty becoming mines even if the banking system as it currently exists crashes to oblivion.
After the coming experience with unbacked paper money, unbacked money will not exist again for another generation or two.... until the people forget again about the horrors unbacked paper causes. The necessity of having gold and silver at the heart of the monetary system once again insures the metals will rise in value and price from the current levels. How far it rises is the question which determines whether Tyhee is a very successful project or a legendary investment.
P.