TYHEE GOLD CORP

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Message: Re: continued funding
1
May 16, 2011 02:40PM
2
May 16, 2011 10:01PM

I agree funding is not an issue. Issuing more shares is not necessarily dilutive if you also increase your reserves thru exploration thereby keeping the shares per gold ounce around $12 as Dave Webb himself said. This is a marathon, not a sprint and gold prices very well could decline below $1,300 per ounce in the near to mid-term before continuing the long term climb towards $2,000 per ounce. A retraction in gold prices in this fashion is a healthy move for gold and will only serve to strengthen it's long term momentum. For Tyhee i'm taking a 2-3 year timeframe before i expect to see a return on investment. In the meantime, i'm putting my nose to the grindstone and saving some, investing some and paying down some debt. This way I'll be better positioned when the Yellowknife project pays off for stock holders.

3
May 17, 2011 12:22AM
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