Tyhee Gold Corp.

TYHEE GOLD CORP (PRESS PROFILE TAB FOR FEATURED UPDATES)
in response to Woodstock's message

Alternatively, the only safety we have is to have more shares than Dave Webb.

No one at Interinvest is going to have more management experience in running a gold miner than Tyhee's current management. It makes more sense for the controlling shareholders to force the Board of Directors to take the company private by buying out the smaller shareholders, while keeping key personnel like Dave Webb. (The buy-out share price would likely not be anything that any of us would be happy with, but would make us go away and not file myriad shareholder lawsuits against the company).

Webb had around 1.5 million shares in 2010; it may be more now. He is not going to get cleaned out of his stake and still remain as a mere worker bee at the company.

Hence, my thought above: get a stake that's at least as big as Dave Webb's.

Just for completeness, I don't have any idea whether this would happen. I don't think Interinvest has anywhere near a controlling interest in Tyhee. I'm just trying to get my head wrapped around this possibility.

Old School

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Lecolevielle2002
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01/18/2011
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Tyhee Gold Corp.
Symbol
TDC
Exchange
TSX-V
Shares
414.8m shares issued
Industry
Metals & Minerals
Website
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