TYHEE GOLD CORP

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Message: The Interinvest reason

Hans:

Lots of important questions come to mind.

It's difficult to imagine that Interinvest would invest so heavily in WCX and TDC at this moment in time (around the time of the Big Sky acquisition) unless there was some brewing further connection with TDC. The WCX acquisition reduces the risk of any attempt to merge with Tyhee being squashed by shareholders. Especially if Black is buying shares as well. Unlike Sonnenreich he is not an insider at WCX so does not have to report his own holdings.

WCX only has 109,057,000 shares and its market cap has dropped to $42,532,327, todays trading reduced the share price to .39, a drop of 7.14%. WCX projects need a lot of exploration, unlike Tyhee which is now in the development stage. Spending this money on WCX by Interinvest only makes sense if WCX and TDC are going to merge, JV on some other projects, or if Big Sky has a mega gazillion ounces of gold on its property and WCX plans to find it. My bet is on the merger.

GT also says he believes WCX will spend a lot more than the basic $500,000 on Big Sky. Wonder if this means TDC will have to share any costs over and above the $500,000. If there is no split of the excess costs, and if WCX spends more than the basic, it looks like a very good deal for Tyhee, but why would WCX spend more than the minimum when they only accrue 50% of the benefit? If there is a merger before the $500,000 is spent, of course this is a moot question.

Ike

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