There has been a real disconnect between the value Tyhee represents, and the share price.

Part of this can be attributed (in my opinion) to:

- Not playing up on any JV or takeot possibility, being punnished for commitment to going into production on their own;

- Not hyping or being a "Form over Conent" enterprise;

- The reality of the long haul for a permit/EA process in NWT;

- The reality of difficulty raising cash since the financial crisis of 2008;

- Active interference in SP appreciation by the very players who invest in Tyhee, getting lots of shares at lower price, commissions, warrants etc by suppressing share price.

- Risk that a permit will never be had; and

- Rediculous impatience of investors, who want to see immediate returns.

But on the other side of the Tyhee gold coin, we have:

- Steady progress on the EA process, working through those 8 to 10 years it takes to get a mine into production in NWT;

- Ever expanding resource, RESERVES, and simultaneous expansion of very promising showings which, like the recent Clan Lake drill results, indicate that DW's core competency of finding gold in teh Yellowknife Gold Camp is bang on the money;

- The recent explosion of shares at a low price, with new investors coming in, means that the Tyhee pasture has now been fertilized with new energy. The seed, in that the permit process is coming into final stages, and investors will soon see important benchmarks coming into CLEAR VIEW, there could be an explosion of interest in TDC.

- New investors who bought in at 10 to 16 cents, getting a free ride that most of us here have paid for, will be the catalyst for what we all need to see: Tyhee getting some respect! But we all have had our chance to accumlate more, average down etc. So we can't complain much. Yes, we could accumulate more if we had not already bought in at higher prices. But such is the vaguaries of the marketplace. The only real loss here is locked in by selling at these low levels.

When we get the DAR submitted, GNWT response, Ful Feas (if really required), and expansion of the resource, some of those players who have played on Tyhee will change tactics. They will accumulate as many shares as possible, then recommend tyhee. Tyhee will be all over the news, "Gold Mining Returns To Yellowknife" type of stories. DW interviewed on BNN.

There is a huge amount of money to be made here, not only when Tyhee adjusts to a more perfect valuation ($1 billion in my view BEFORE the permit is issued), but new interest will be knocking down the door. "Bought deals" and JV pitches will present themselves, as the real mining industry in Canada is robust. When Tyhee is ready, they will come.

And then the day will arrive when even day traders, expecting immediate returns, will see value in any TDC shares they can pick up at under $2.00

Tyhee breakout? you bet. When? Like Mark Faber, I am lousy at timing.

Back when R was 15 cents, and I was considering that they were 2 years ahead of Tyhee, I contemplated switching into it for a while, but missed the boat. Watched it rise through 45 cents. Then a dollar. Then 1.5. My point? You can't be on all elevators at teh same time. Choose a good one that is actually going to take you where you want to go, and wait patiently. Ours will go up, all the way to the Penthouse.

One thing is certain, the Risks are reducing, with Cash in the bank and EA process moving along. The rewards are rising, with high POG and teh global currency insanity making the long term prospects of Gold very good indeed. Time for Tyhee's valuation to recalibrate.

SKELEG