I was discussing this point with a friend this morning. He and I agree:
When/if Thyee gets its financing, we think its share price will rise, perhaps dramatically.
However, if it doesn't get financed, a remote possibility considering shares have been offered for a dime each, there are many options open to Webb.
For example, Tyhee could be sold to a mid-tier or a major company at a price with not much a premium. It could do a JV. One might see that a JV could double of the shares overnight with but would give Tyhee access to cash to continue the operations up to production.
Let's see what happen. Tyhee will survive, but how?
Webb's not at the Cambridge House this weekend, so I hear. I don't think he gave up that opportunity to spend at the Tyhee booth in Toronto so that he'd have more time to rake the leaves off his front lawn in BC.
Go Tyhee!
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