TYHEE GOLD CORP

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Message: I'll Take a Stab at the Financing Situation

I overlooked a couple of obvious things in my calculations which make the situation significantly less severe than I originally posted.

1. From the $720,000,000 paid to the bankers I should have subtracted the $300,000,000 given to Tyhee by the bankers.

2. When calculating the $720,000,000 (which should have been $420,000,000) and dividing by the shares not all of the gold price would have been profit. When the mining costs are removed (perhaps 30% of the 420M) the numbers of losses due exclusively to the loan would be less.

These adjustments would significantly change the eventual bottom line effect from perhaps $3/ share to closer to $1/share.

P.

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