Good initiative, .... Are Flow-Through Shares for You? .... and short clerance ?
posted on
Apr 21, 2009 02:51AM
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The yesterday news is a good initiative from DW. It might give Tyhee a significant substance in moving forward on its well planned developments in tough times, fulled by aditional funding.
http://50plus.com/Money/BrowseAllArt...
Above is a little reading which might be of interest regarding what the "flow through shares" are about.
I think we should applause if Tyhee and the management team is capable of raising money in this environment. The delusion is high ... approximately 20 - 25% as I calculate. The delusion/expense is what we need to accept at these times. It is well spend money and even out, if prefeasibility is compleated and a little additional 200 - 400 K ounce of gold resource discovery is added to the balance sheet.
Going to be interesting to follow Tyhee the next month to see the extend of fill. Right now we are right on or slightly under the water mark ( 0.144 - 0.15 ), however if this plan is being filled, we have a much stronger proof of bottom structure and a new potential to move a little higher sooner rather than later.
A short note on Naked Shorts or shorts. If naked shorts or shorts are in play they might wish to do two things here either a) depress this attempt to raise money by tanking Tyhee right now to sub 0.14 in hopes for more depressed prices moving forward and to scare/prevent investors to fill this flow through opportunity or b) use this opportunity to get out at 0.15 by buying (flow through or non flowh through) shares on this program.
The latter could be a clerence of Tyhee shorts .... and a new start for a long term Tyhee stock ralley.
Cheers,
Euro