My take on President David Webb is that he will not allow any business decisions for Tyhee that will reduce his leadership position in the transformation from a gold exploration and development company into the phases to start gold production.
The shares exchanged for cash dilutes our current share holdings but is required to reach the time when we obtain a revenue stream.
The current low share price reflects the approach Dave is following, this rather than a quick deal to have another established gold producer take control and accelerate in months what now will take years.
Its a trade off to obtain a quick nice jump in share price for a near term return in our investment, or a larger return long term as ownership is not diluted.
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