There is discussion today that some international form of "partial gold standard" could be used to cool off any currency war, providing a means to keep a variety of currencies under some inhibitions against US style debasement (rush to the bottom).

if something like this comes into play, it will take about as long as Tyhee needs to get into production. There will have to be a few rounds of international conferences etc. I think the US would love this, say two years from now. They appear to have a large stockpile of gold, and after the 2011 debasement of their currency, they may want to stabilize it and stop other countries from debasing their own (thus giving the US an export boost).

So in this scenario, rather than a gold baloon, where things shoot up to $5000 and then crash back, we could see gold stabilize at say $2,000 or $2,500 US, and then be the international stabilization peg.

I would love this scenario. tyhee could see cost of production rise to as much as $800 or more, but then have $1200 or more net. Over 100,000 or more ounces per year, that would make Tyhee have say 0.25 or $0.30 EPS. X at least 25 PE, we see at least $6 or $7 per share. Certainly much higher if costs are kept down by a Hyrdo deal.

So now that we have the PP behind us, and drills turning again, we are in for some great months of share price recovery. That would be good, as my cost average is still about 30 cents. Wish I had more cash to accumulate last month, but did more renovations on my house!

Very happy Tyhee long.

SKELEG