TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: Update from the New York Hard Assets Investment Conference.

Hi again Everyone!

It's very early morning here in New York City, and I'll need to check out of the Hotel by Noon, then fly back to Argentina later today. So, now while I'm here reviving myself with a Starbuck's, I'll list what presently comes to mind about what I learned yesterday at Tyhee's booth (and in no particular order, since I'm not yet fully recovered from American Airlines and remain dead tired!).

-Roger Slyvestre said they expect to see the PFS 'draft' in a "couple" of weeks.

- While waiting on line to buy a Starbuck's coffee yesterday morning, I began chatting with a guy who turned out to be an analyst for a USA hedge fund. He knew a lot about Romarco and Apollo, but nothing of Tyhee. To make a long story short, while finishing our coffee, I told him about the Romarco/Tyhee connection, then we both headed off to the Tyhee booth where I introduced him to Dave Webb. He and Dave were in intense conversation for about a half an hour. He seemed very impressed. Since then, I've emailed him to get his take on Tyhee...Let's see if he replies.

-Here's a surprise! Prior to Tyhee, Dave Webb was a consulting geologist for Cominco for their Haile mine property, that Haile mine property is now owned by Romarco Minerals. (Who knew?).

- Dave said he actually found the BS* on Stockhouse.com "useful", as it gave him a clearer idea of what misconceptions/falsehoods might be pervasive in the market that could account for how Tyhee is misperceived and how those misperceptions have been effecting TDC's share price. (Thank you Lovecarats!).

- Dave, the Hedge Fund guy, and I traded comments on how Romarco's CEO, the attractive, fast talking, looks-good-in-a-dress, Dr. Dianne Garrett, is an excellent sales person for her company. And how that may have helped Romarco's SP (their gold is now valued over $500/ounce v. Tyhee's at about $20/ounce). Dave agreed that successful CEO salesmanship may count big in driving up the SP, and added that if that he was holding down the TDC's price as he's failing to promote Tyhee as successfully as someone like a Dr. Garrett, then perhaps Tyhee might consider getting a different CEO. (I was unable to see if Dave had his tongue in his cheek as he spoke those words.)

-The Hedge Fund guy said that he's spoken to Dianne Garrett many times, by phone and when she appears in public, and is always surprised how she's able to get away with telling people that Romarco will have at least a 10 million ounce gold mine. When I emailed and phoned her to confirm that, she never responded. Where's the SEC when you need them? If Dave didn't mind those regulations, could you imagine what he could say about Tyhee's prospects?

- Dave is contemplating taking advantage of an $18,000 promotional package that would give him time on BNN, BTV, and Fox Business.

- Dave thinks that Tyhee may do a Feasibility Study soon following the PFS. Since most of the work's already completed, he imagines it'll cost about a million dollars and take a year.

- And here's something that I want to check on and get more clarification this morning: I thought that I heard Dave say that he suspects that the number of RESERVE ounces to be delivered in the PFS will be between a third and a half of the existing M&I ounces. Therefore, we'll probably see less than a million in RESERVES with the remaining ounces as a resource, (now there are close to 2M oz.). Further, he suspects that we'll see about the same number of gold ounces per year produced as was calculated in the PA (~165,000 oz/yr.), with a cash cost of production not lower than that in the PA ($387/oz), but a bit higher, and with a mine life of 10+ years.

Regarding the photos, Webb's video production and the AGM slide presentation...I'll be attempting to post them here later tomorrow when I'm back home to Buenos Aires.

Que tenga buen dia, hasta luego,

Baires

Share
New Message
Please login to post a reply