TYHEE GOLD CORP

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Message: Re: Question for the Forum. Is it really worth the pain and angst for Tyhee alone...

A quick reply is that there may be different ends in mind for Dave Webb and the shareholders. Dave has spent his life in mining and clearly has a passion for the area surrrounding Tyhee's claim. His passion includes a desire to delineate his find and build a mine to process the resource.

Investors, on the other hand, do not have such an emotional attachment and are seeking a profit to their investment. Long term shareholders may not have the same time line that Dave does. When I first invested in Tyhee, the building of a mine had not been on the table---it was the exploration at that point. JP, like others, may just want to move along and in doing so, may want a proper return on their investment in a shorter time frame. Personally, I did not expect to be holding shares for this length of time, and with gold hitting a peak (for the moment), it is distressing to see that the market does not recognize Tyhee for its resource, and hence it continues to languish. Investment money that sits underwater for a long period of time causes one to seek an exit that allows for some profit. Many probably do not want to hang on for many more years while the mine is built. Therefore, a buyout/jv might be more benficial to some.

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Sep 15, 2010 04:46PM
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