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Message: A Tyhee Merger/JV: A Good Thing?... "Dilutive" to its Shareholders?
5
Sep 27, 2010 09:41AM

A Tyhee Merger/JV

Would that be A Good Thing? Would it inevitably be "Dilutive" to its Shareholders?

Just a reminder, as I posted this earlier this last week,

"On a hypothetical note, Dave mused over the idea of how a 1.3 million ounce resource might be interesting; whereas 2.2 million ounce resource would be more interesting. Likewise, a reasonable person might even want to have the same or greater interest in a 3.0 million ounce resource rather than the smaller one. So, if Tyhee were to merge with another company with identical resources and identical reserves, Tyhee’s shareholders would own half of this combined company that now would then have twice the resource/reserves. That would be accretive, not dilutive."

Baires

PS I think the market may very much like to see Tyhee do a JV/merger as it would solve, resolve a lot of questions, doubts, about funding, management, etc.

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