This from page 2 of http://www.caseyresearch.com/pdfs/20090820_0908208PsPROOFED.pdf

"...between 95% and 99% of all the properties controlled by mining companies will never actually become mines. That’s because finding a mineral deposit with the potential to host an economic resource is time consuming and expensive. And unlocking the economic value of the embedded minerals is even more so. The cost of building a mine and a mill starts at a minimum of $50 million these days, and can climb to a billion or more."

As I now see things, IF we bundle in together as one property, those several known as the Yellowknife Gold Project, eg., Nick Lake, Bruce Lake, Ormsy and others, and then count up Clan Lake, Goodwin Lake and Big Sky as the remaining 75% of Tyhee's properties, then it would seem that only Big Sky has a low probability of becoming a mine in the next several years.

Hey! 75% ain't a bad probability for explored properties becoming mines if the world average is only 1% to 5%.

This would be one more thing Webb may not be able to discuss with us.

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