TYHEE GOLD CORP

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Message: Santa Fe Gold Corp file for BANKRUPTCY today

Baires,

My assumption since the failure of consummating the Santa Fe deal has been that financiers are unwilling to lend funds to Tyhee at a commercially reasonably rate.

It occurs to me though that an alernative assumption is that Briggs et al. have a sense as to how long they can keep their options open with respective to prospective financiers. If so, I would not be surprised if RMB agreed to further extend the maturity date of the loan well past tomorrow.

Trying to keep an open (and hopeful) mind,

Old School

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