My guess is that if you asked this question to Jim Puplava, he'd say something like, if the company adds a "sufficient" number of ounces to its resources, then the share dilution is worth it. Tyhee has been able to do this for about $25 per added gold ounce for much of the last decade. What a deal! Soon, following its bankable economic study this Spring, Tyhee will, like Romarco Minerals last year, be able to borrow money with no dilution.

Romarco Minerals, now with over 373.58M shares outstanding compared to Tyhee's 217M, hit an all-time high yesterday of over $2/share. A little over a year ago it was selling for 12.5 cents: More than a 1000% rise with such a large float.

B.