I believe there was a change of fund managers at Sprott. The new person or new team prefers producers at this stage in the gold bull and is selling off some of the "explorers" and purchasing "producers."

It is not a case of disappointment with the companies being sold off. It is a philosophy difference between the managers.

Sprott may very well revisit Tyhee and their other currently held (but being sold off) juniors a bit later as the gold bull develops. Personally, I think we will do better by just staying as we are; but it does require patience and a firm belief that things will develop as we hope for them.

P.