To: Gord Bolton who wrote (4297 ) 6/13/2002 12:51:55 AM From: d:oug Read Replies (1) | Respond to of 39344 Gord, What country is "... eye on Red Lake." located? . I'am a reader and poster on this thread, but not one that adds helpful information except by chance with my silly talking. . Below is from the thread of a company I hold shares in, and so far not a company mentioned here or even on those lists of mining companies to watch. Actually 4FigAu has not included it in his long lists of full-of-hope-fulls eventhought he did mention that many will vanish fail zip in the near future of this looking-like gold bull. Guess my outta-Mongolian Tyhee (TEE-HEE to lbs) has already sunken belly-up'ed to all. . But anyway, the post below has 3 of the recent words used, - Yellowknife is NOT the place to look for... - More recently, Goldcorp has shown that... - Yellowknife (and Red Lake) is THE place to look for this... and this is the post from Dr. Dave Webb president of this company, and this man's Ph.D. is in mining geology stuff. . Please let me know if his mentioned "Yellowknife (and Red Lake)" is the same as being discussed here, and if so then thats Canada's Northwest Terrority which i think is either north or east of Alaska. thanks, doug SI: StockTalk: Gold, Mining, and Natural Resources : Tyhee Development Corp. TDC (Canadian Venture Exchange) From: Dave R. Webb March 28, 2002 You asked a number of questions. Let me try to answer what I can... [question] 2. Is Tyhee's goal to prove grade and reserves and sell to the highest bidder(and find more properties) or is the goal actually to produce and live off that "pot o' gold"? [answer] Tyhee's goal is to develop the projects to maximize shareholder benefit. Right now, both goals would require an identical program. The idea of developing in anticipation of a sale, vs developing for production requires a decision concerning who your customer is, and what they might want. Ten years ago the customer (the big gold mining company) wanted large, low grade, open pittable heap leach targets. Yellowknife is NOT the place to look for that. More recently, Goldcorp has shown that the market (another type of customer, the shareholder) is interested in smaller, very high-grade, underground minable, conventional milled targets. Yellowknife (and Red Lake) is THE place to look for this kind of target. The customer is the shareholder in the second case, not the larger gold mining companies. The shareholder wants both devolpment of the resource, but also the anticipation of production. Tyhee intends to work towards that goal. Dave [end.]