I was looking over some Tyhee news releases. (some of the links on Tyhee's website don't work for the older ones, but they are findable).

I noticed that the 2008 release of the EA (17 July 2008) was followed 10 days later with Tyhee submitting the project descriptio report, PDR which was an early step in the EA process. The financial viability of it, and the how it can actually be done without making a mess of it, go together well.

Then looked again at a letter from the MVEIRB website at link: http://www.reviewboard.ca/registry/project_detail.php?project_id=71&doc_stage=5

For the 12 Jan 2010 letter, you will see that Tyhee mentions that once they have the Pre Feasability Study in hand, they'll incorporate it inot the Developers Assessment Report, and in Jan 2010 they updated MVEIRB that they would deliver the DAR in the second quarter 2010. I think this is based on an April year start, so DAR submission by end September.

If you look at share price performance at this time, Tyhee was in the decline, going off the same cliff that all the other stocks and particularly gold juniors were in. So the 2008 business case and start of the EA process fell on deaf ears. (Chart: http://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=TDC-X )

Looking at the past, and contrasting it with the current and near future, I noticed a few things. Of course, the strenght of the two newsworthy items (of 10 big positives for the year, as I posted recently) is much stronger.

- The Pre Feas is far more advanced planning and business case than was the Economic Assessment.

- The POG is way higher and has support at levels not even dreamed of in the Economic Assessment.

- The DAR submission is a quantum leap further along in the Environmental Assessment.

- Share price is in an upward trajectory, after a long basing at ugly lows, in contrast to having begun a plunge into depths, squandering news.

- Gold has proven to be a good investment when all else failed. So even if we have another recession ("W"), or a prolongued period of poor growth in the US, they'll keep pumping money into the system and gold has even more support.

- Tyhee has discovered more gold showings, expanded resources and improved yet again their track record at their core competency, finding gold inexpensively.

With all of this in mind, I felt very good in contrasting where we were in mid 2008 and today.

I also got back into looking at the prospects at Big Sky and other Tyhee claims.


So now I go to bed with good thoghts on my mind. Tyhee has accomplished so much, and this year will be excellent for us investors. The longer term prospects are wonderful as well.

SKELEG