TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: News!!!!

cjj53200

At today's SP, your math seems right enough for you to conclude,

"But more importantly each drill per month will cost us 2 million shares in dilution."

So, to extend that calculation to 3 drills over 2 months, we're looking at a dilution of 12 million Tyhee shares at today's SP?

Let's hope that by the time Webb goes back into the market for money to pay for this drill program, say by early January, that gold has continued its run up above $1,300 and Tyhee is trading at, let's say 40+cents, so that then, dilution will be a less painful experience. Especially if what follows are stellar assays that show those 100 to 200 gpt grab samples at Clan were no fluke, but indicative of bonanza grades. This, just one more thing to bring to that "Missouri" bank when it comes time to "show" them this Spring that Tyhee with its also completed robust pre-feasibility with impressive "reserves" is deserving of a flat-out, big juicy non-dilutive large bank loan that would, like what happened at Romarco Minerals, propel its SP to over a 10 bagger from where it was last month.

A little dilution here, a big bank loan there, and a possible 1,000+% Romarco-like rise in Tyhee's share price seems doable since Romarco's grades aren't nearly as good as what Tyhee's been delivering. And, with the prospects of even higher grades coming from Clan, Tyhee may easily succeed in winning a comparison contest with what Romarco achieved this year!

Baires

Share
New Message
Please login to post a reply