Strike,

Sutter Gold's stock price responded favorably after the financing and permits were secured.

Financing occured was ongoing throughout the permitting and construction process.

Construction permits were secured in March 2010 - stock responded by basing around the low of 10 cents for 6 months, spiked up to 32, and settled near 17.

Mill permitting was secured in March 2012 - stock price responded with a rise from a low of 17 cents, spike up to 50 cents, and settled near 35 - 38.

This is a similar pattern that can be observed in other mining stocks that achieve major milestones in their production schedule. The expectation that the company will start producing cash flow will entice other investors to start buying shares before the first pour.

The recent financing announcement has me confused. The debt obtion was initially pursued but they switched midstream and started issuing units. I suspect that there may be an interested party in financing Tyhee that asked Tyhee to offer shares + warrants. Could be totally wrong though.

If Tyhee can secure the permits and financing, investors will expect profits and buy shares. Until then..