TYHEE GOLD CORP

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Message: Down the road

As a guess, I would hazard that the next step should be acquisition by Tyhee of all outstanding Sutter shares through merger or acquisition; the costs of maintaining two separate entities with separate administration and stock market responsibilities would seem to have few advantages and a number of duplication costs that should be minimized. The current arrangement is similar to that of Crocodile in Australia, discussed by Watch a couple of times, but unlike Tyhee the entity which owns the majority of CRK shares has no production capacity or skills itself, it is a pure investment company. We are more similar to RMB or Waterton who are much more engaged with their partners. Ike

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