I think as just evidenced by the message that Sinch just provided, a lot of investors expected different results from the FS. In my opinion, Sinch nails it; there are no defined near-term catalysts that will allow for the stock price to appreciate in the near term. No drilling/exploration in the near term to provide news to keep investors interested. So the group that expected the company to provide good news via the FS is selling off. There is no need for them to wait 2-3 years for a production decision on the project if they believe they can make money in another asset vehicle. I noticed the presentations on the Tyhee website set expectations too high for the FS. Constant use of the words "dramatic" and "turnaround" were used and probably made investors expect that the FS was going to improve on the cost of the PFS. There should have been more further detail in Tyhee's news release explaining what exactly was improved upon in comparison to the PFS, and what cost inputs affected the rise in the cost of mining. Unfortunately, diesel and cement prices are going up across the board and had to be accounted for in Tyhee's costs but I don't this was communicated in their NRs.

The 3 - 3.5 cents area looks the place to start a new base of investors that are willing to wait and have the capital to place into Tyhee. I am closely watching the insider trades and so far like what I see. Interinvest has stopped investing. In my opinion that is positive. It means they have stopped providing artificial support to the stock price and new investors are buying shares. The transfer from the old guard of Tyhee to next set of investors is taking place, though constant watch must be placed on the change of institutional holders and insider trades to make sure that this is the case.

You can make many studies and analysis on how Tyhee compares to peers, but the bottom line is Tyhee is in control of its own future and destiny. The market is where it is and justifiably so. Tyhee needs to communicate more to their shareholders and set clear expectations and meet them. A more concentrated effort towards meeting their deadlines sooner with success would be viewed more positively. I agree with Sinch in that the gold price going above $2000 will provide much relief to Tyhee and other juniors but the biggest driver of Tyhee's stock price will be how its management takes action and communicates this to their shareholders.

Again, I am only one voice and am only going off of my experience in investing in this sector. I could be wrong, but I tend to use history and observation as my guide.