TYHEE GOLD CORP

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Message: The Serious Concerns of a Very Influential Tyhee Investor.

Re the question of financing and dilution, I support raising money (by issuing shares) as and when required to progress the PFS and cover the running costs of the company. I'm less supportive of raising money to drill and prove up more resources.

If there is more gold there on the property then we already own it. Proving it is there doesn't change this. I'd rather use the cash flow from the mine to find it than dilute the shareholders further at this point, particularly when the market does not appear to give us much credit for proving ounces at the moment.

For patient investors, dilution to drill doesn't help us.

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