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Message: Will a Fundamental Tyhee Transformation Make Someone a Contest Winner on 9/24?
1
Jul 07, 2010 12:18PM

Christo,

Remember a couple of months ago when we had aTDC.V price target contest. To win you had to correctly guess Tyhee's share price for this September 24th? My pick was 47cents. I think that the lowest contest entry was about 30 or so cents [was that you, Christo?], while most all others were above 35 cents, I think Bob was in the 70's.

I still think someone will win the contest, or at least come within a cent or so of nailing it. But to win, in this poopie market, I think Tyhee will need a fundamental transformation. Or, the market will just have to get a lot better. I'm in favor of both.

But, if it doesn't and gold continues to languish below $1,260, then Tyhee's going to need a,

1) Robust PFS, 2) Robust Clan Lake results, 3) Terrific manager to replace Roger, 4) Significant Increase in its M&I resources and, 5) More money to fund the Feasibility Study and maybe another drill at Clan or Goodwin. [ Maybe not all by the end of September, but maybe just one or two, the rest by year's end.]

My guess is that if TDC's price does not rise enough to make one of us a contest winner on the 24th of September, Dr. Webb may have to, at least start to seriously consider putting together a Joint Venture/Merger with a wealthier company and get Tyhee into production before 2014.

Baires

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