Interesting video clip of environmentalist David Suzuki back in his hippie days.

I have met that man when I was living in Vancouver as we worked out at the same gym. I was surprised at how good of shape he is for an old guy.



You can say what you want about Al Gore’s Street cred regarding environmentalism–personally I think he is an opportunist without a shred of conscience regarding anything but himself–but at least Suzuki attempts to live what he preaches.

He lives in a townhouse in Vancouver, drives Canada’s first Prius (they are ugly) and walks most places.

I watched the video and read the YouTube comments that attempt to attach a deeper meaning to what he said including the ever controversial Eugenics movement. I lived in Vancouver and I personally think he was high or was trying to get laid.

Enjoy the video!

Jim Rogers is short term bullish on the dollar. He doubts he will make money as he says he is a horrible short term trader.

Enjoy the video!

Tyhee Announces Private Placement Of Flow Through Shares

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMENATION IN THE UNITED STATES/

TSX Venture: TDC


VANCOUVER, Dec. 9 /CNW/ – Tyhee Development Corp. (TSX Venture, TDC) (the “Company”) has engaged Loewen, Ondaatje, McCutcheon Limited (”LOM”) to act for the Company on a best efforts agency basis, to raise up to $3.0 million through the issue of up to 15,000,000 common shares which will be designated as flow through shares (”Flow Through Shares”) for the purposes of the Income Tax Act (Canada), at a price of $0.20 per Flow Through Share. The Mineralfields Group of funds has agreed to participate for the purchase of up to 7,500,000 Flow Through Shares. The Company will pay LOM a cash commission equal to 7% of the proceeds of the sale of the Flow Through Shares by LOM, and will pay Limited Market Dealer, Inc. a cash commission equal to 7% of the proceeds of the sale of Flow Through Shares to the Mineralfields Group.

Tyhee currently has three diamond drills positioned on their Yellowknife Gold Project; one at the Clan Lake Main Zone and two at the Ormsby Zone. The company plans to commence drilling on both the Ormsby Zone and on the Clan Lake Main Zone in January. The second drill at the Ormsby Zone will be reallocated to the Clan Lake Main Zone to allow two drills to prioritize the extensions of the established 354,000 ounce gold resource (NR S.10 R.14 December 1, 2009). Additional work continues on the Preliminary Feasibility Study and Permitting as previously disclosed, with completion anticipated before the end of June, 2010.

Closing of these placements is scheduled to take place on or about December 16, 2009, and is subject to the completion of subscription agreements with investors and the approval of the TSX Venture Exchange. All securities issued in connection with the private placement will be subject to a minimum four month hold period. The funds from the private placements will be used for further exploration and development of the Company’s mineral projects, including the advanced-stage Yellowknife Gold Project.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Tyhee Development Corp. is a gold exploration and development company working in the historic Yellowknife Gold Camp, NWT, Canada. It is the largest property holder in this camp and has the largest exploration and development program underway in the region. Its principal asset is the Yellowknife Gold Project includes the Nicholas Lake and Ormsby Gold Zones, the Goodwin Lake Zone (13 km south of the Ormsby Zone), and the Clan Lake Zone (27 km south of the Ormsby Zone). All are located on mineral claims and mining leases 50 to 90 km north of Yellowknife, NWT. (Note: only Nicholas Lake and Ormsby Zones have been included for permitting purposes).

“We are very pleased to be renewing our relationship with MineralFields Group”, said Dave R. Webb, President & CEO. “This is an important milestone in the growth of Tyhee and we look forward to working with MineralFields Group as we develop our Yellowknife Gold Project.”

“About MineralFields, Pathway and First Canadian Securities(R)”
—————————————————————

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities(R) (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities(R).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information: Tyhee Development Corp., David Webb, President and CEO, Tel: (604) 681-2877, info@tyhee.com; Envoy Strategic Partners, Jay Bedard, Tel: (647) 344-1768, jay@envoystrategicpartners.com

From The Sunday Times
November 29, 2009

Taking the private jet to Copenhagen

Any celebrity flying the green flag needs glittering eco-credentials. But how do they justify the fleet of customised planes, the luxury homes and the posse of servants?

Jonathan Foreman


Hypocrisy is the vice we find hardest to forgive, but it’s also the one we most enjoy discovering in others. And nothing piques our interest more than eco-hypocrisy as practised by the “green” celebrities who have been spouting green virtue but spewing out hundreds of tons of carbon from their private jets or multiple holiday homes around the globe.

There was Sheryl Crow, who had called upon the public to refrain from using more than one square of toilet paper per visit (“except on those pesky occasions when two or three are required”) and who was leading a Stop Global Warming concert tour across America. It was revealed that while Crow travelled in a biodiesel tour bus, her 30-person entourage followed in a fleet of 13 gas-guzzling vehicles.

John Travolta notoriously encouraged the British public to do its bit to fight global warming — after flying into London on one of his five, yes, five private jets (one of which is a Boeing 707). In 2006 his piloting hobby produced an estimated 800 tons of carbon emissions, more than a hundred times the output of the average Briton, according to the Carbon Trust.

It is less well known that Tom Cruise — who has campaigned for the LA-based environmental group Earth Communications Office — also has an air fleet and a licence to pilot his five planes, including a top-of-the-line customised Gulfstream jet he bought for his wife, Katie Holmes.

Harrison Ford, who is vice-chairman on the board of Conservation International, voices public-service messages for an environmental federation called EarthShare, and once shaved his chest hair to illustrate the effects of deforestation, is another hobby pilot. He once owned a Gulfstream but now makes do with a smaller Cessna Citation Sovereign eight-seater jet, four propeller planes and a helicopter.

Oprah Winfrey, who preaches eco-virtue from her TV pulpit, travelled in a 13-seat Gulfstream IV private jet for years — the preferred model for celebrities and the super-rich. (She has replaced it with a faster Bombardier Global Express.) The public first became aware of her private-jet habit when her plane had to make a forced landing in California in 2005; it was reminded of it this year after one of her stewardesses was fired for allegedly having sex with the pilot while Oprah and other passengers were asleep.

Jennifer Aniston told reporters that to save the Earth’s precious water resources she brushes her teeth while in the shower. But she also flew a hairdresser to Europe to accompany her on a recent publicity tour for the film Marley & Me.

Perhaps more egregious, because she is a much more in-your-face global-warming campaigner, is Dame Trudie Styler, film financier and wife of Sting. Not only do she and her husband run seven homes and travel between them in private jets and a fleet of cars, but in 2007 an employment tribunal revealed Styler was furious when her pregnant chef refused to travel 100 miles to prepare some soup and salad. (The chef had regularly made the trip in the past, travelling by train and taxi.) And Sting recently had to contend with accusations that the Police were “the dirtiest band in the world” because of the scale of their last tour and the carbon footprint of the fans who went to see them.


This spring Styler was accused of hiring a private jet to take her and an eight-person entourage from New York to Washington, DC, for the White House correspondents’ dinner, even though there are dozens of scheduled shuttle flights she could have taken, not to mention fast trains. Strangely, Sting flew commercial to the same dinner. When challenged, Styler reportedly defended herself by saying: “Yes, I do take planes. My life is to travel and to speak out about the horrors of an environment that is being abused at the hands of oil companies.”

U2’s latest world tour features three stages and a giant claw that ensures as many spectators as possible get a decent view. Alas, transporting the whole shebang around the world is estimated by carbonfootprint.com to produce the carbon equivalent of the annual emissions of 6,500 British homes — or a rocket trip to Mars and back.

Coldplay’s Chris Martin has been fingered as one of music’s biggest eco-hypocrites. George Monbiot, a writer and environmental campaigner, noted on his blog that Martin flew thousands of miles on his private jet, including brief trips between LA and nearby Palm Springs. Monbiot calculated that Martin’s trips back and forth to see his family produced 250 times the carbon emissions of an average Briton.

Monbiot also cited an interview Martin gave in which he discussed his angry global-warming song, then boasted about his family’s profligate private jet use, saying of his daughter: “As she gets older, hopefully she’ll come and see us when she wants. I always thought it’d be cool to be in school and say, ‘I’m not coming in today — I’m off to Costa Rica to see my dad play.’ I do think that wins you a few points.” Martin replied to criticism by pointing out that he paid for the planting of mango trees to offset the carbon emissions of his tours and flights home.

There are endless other examples of hypocrisy by green politicos. David Cameron was once photographed virtuously riding his bike to the House of Commons, with his official car behind him, carrying his suit and briefcase. Ken Livingstone, who swore he would make London the world’s greenest city when he was mayor, made scores of arguably unnecessary flights to foreign destinations. The supposedly green Barack Obama had a St Louis chef flown 850 miles just to make pizza at the White House.

At the end of the film An Inconvenient Truth, the unbearably earnest former presidential candidate Al Gore asked his audience: “Are you ready to change the way you live?” His own huge Nashville mansion consumed over 20 times the electricity of an average American home. Indeed, according to the Tennessee Center for Policy Research, it burnt twice as much power in the month of August 2006 than most American homes do in an entire year. Another inconvenient truth revealed that the former senator spent $500 a month just to heat the indoor swimming pool in his lavish domestic establishment. The 100ft houseboat he bought in 2008, on the other hand, was said to be powered by biodiesel.

Gore gave the usual response of the green celebrity caught not practising what they preach. He said he made up for his consumption of electricity and production of carbon dioxide by buying carbon offsets — some from his own offset company.

SUVs and four-wheel-drive cars are another eco-sin green celebs find hard to resist. Those who have harangued the public against driving these wicked vehicles — but who turn out to have recently owned at least one themselves — include Barbra Streisand, Gwyneth Paltrow and Cameron Diaz.

Of course, the SUV is often parked next to a virtuous Toyota Prius hybrid electric car, but the former doesn’t exactly cancel out the latter. However, as one Hollywood agent told me, the real reason so many people in Tinseltown drive a Prius is because “it’s the only car you can drive which costs under $35,000 which doesn’t make everyone think that your career has gone down the toilet”.

It was just as green activists began worrying about eco-fatigue — the green equivalent of compassion fatigue — two years ago that the first wave of celebrity eco-hypocrisy stories hit. The first thing these stories did was make us feel better about our own relatively minor eco-failings. They also allowed us to vent the irritation we feel about being lectured by actors, rock stars and lesser species of celebrity.

There is something annoying about the way “ordinary” people are being told they must give up their “addiction” to cheap travel, when no leading Hollywood star — not even Leonardo DiCaprio, who often flies commercial — can bring themselves to relinquish the private jet.

Yet there is something absurd about criticising celebrity eco-hypocrites. People who become film stars and rock gods usually do so because they want to join the jet set, and the jet-set life is inherently wasteful. It’s the profligacy that makes it fun and gives it its status. They are unable to give up their private jets because celebrity status is connected to travelling in the most exclusive way possible. Hence, just about all the things celebrities do to get away from “civilians” are unsustainable in green terms.

There are notable exceptions to the rule of green-celebrity hypocrisy. Ed Begley Jr from St Elsewhere and Best in Show became a vegan in 1970, bought one of the first electric cars, and has lived for years in a self-sufficient house that uses not just solar and wind energy but a toaster powered by a stationary bicycle. And unlike so many green celebrities, Begley Jr has a sense of humour about his crusade: on an episode of The Simpsons in which he plays himself, he is shown driving a vehicle powered entirely “by my own sense of self-satisfaction”.

The famous neo-hippie Woody Harrelson lives in a sustainable community in Hawaii, grows most of his food, uses only solar power, wears hemp clothes, eschews animal products, and fuels his car with biodiesel. Brad Pitt has done more than tell other people how to change the planet. His charity Make It Right New Orleans has built 13 ultra-energy-efficient greenhouses in an area devastated by Hurricane Katrina.

The Copenhagen summit next week will generate vast quantities of hot air. It will see 16,500 people coming in from 192 countries. That amounts to 41,000 tons of carbon dioxide, roughly the same as the carbon emissions of Morocco in 2006. Also, the organisers will lay 900 kilometres of computer cable and 50,000 square metres of carpet. More than 200,000 meals will be served and visitors will drink 200,000 cups of coffee — at least that will be organic.

When asked if the carbon footprint might have been reduced by turning Copenhagen into a video conference, a spokesman for the event said: “For such a major agreement, people need to meet together and negotiate face to face. We have delegates from all over the world. Video-conferencing systems are extremely useful, but they don’t match the personal touch. This is one of the main factors in having a good conference.”

Some of the charges laid against celebrities who are allegedly hypocritical about their green commitments are either unfair or don’t really stand up when examined closely. In 2008, Sting took a lot of flak when a US watchdog organisation, Charity Navigator, rated his Rainforest Foundation as one of New York’s worst charities. This was because only 41% of almost $2.2m raised at a Rainforest Foundation concert made its way to projects on the ground.

But while many leading charities spend at least 75% of their income on projects rather than fundraising and salaries, it is normal for charity concerts and balls to cost almost as much as they raise. Many of the better-known mega-charities spend a shockingly large amount of what they get from the public on fundraising, image advertising and swanky offices, but are not subject to the same scrutiny as organisations set up by a superstar.

It is also worth looking at the agenda of the green critics who slam celebrities for their eco-hypocrisy. They believe anything short of the immediate adoption of a pre-industrial way of life akin to that of peasant villages in the Middle Ages is a sellout. For them, Sting’s Rainforest Foundation is unforgivably capitalist.

Perhaps it is better that public figures say the right thing, even if they are not doing it themselves. Does it really matter that much that those who ask us to behave better are imperfect in their own behaviour? You could argue that if Trudie Styler believes that GM food, which she fiercely campaigns about, is a bigger threat than global warming, she is entitled to do so, and to fly her organic non-GM products from her Tuscan estate to the counters of Selfridges.

After all, it seems fairly clear that celebrity advocacy of green lifestyles does actually work, at least in the sense that it has made green concerns extremely fashionable.

Some of the nastiest accusations of hypocrisy have been thrown at the Prince of Wales. The “Green Prince” has been mocked for, among other alleged crimes, chartering a plane to South America to raise eco-awareness. Prince Charles’s spokespeople responded saying it would have been impossible to make 48 appointments across three countries in 10 days by regularly scheduled flights.

Unlike the common run of “green celebrities”, at least the Prince of Wales publishes annually an exhaustive green audit of all his homes and activities. Its content includes the paper usage of his household, the fact that his thirsty Aston Martin runs on bio-ethanol from wine wastage, and that his emissions for non-official travel are less than half of what they were two years ago.

If film stars and rock stars followed his lead by publishing their own eco-audits, the public might be more likely to listen to their exhortations.

The always opinionated Peter Schiff gives us insight into the continued war against  gold by the mainline media. He analyzes their use of faulty comparisons to make gold look bad and stocks look good.



Other topics include Wall Street bonuses and the return of Tarp funds. I like the way he points out the nonsense of the return of the Tarp funds as a cash windfall. Hmmmm. You borrow money from the Chinese to give to your Banks and then you now don’t need the money you borrowed and it is a windfall.

Government accounting at it’s finest.

Enjoy the Video!

By Dr. Allen Alper

This is a reprint of an article from metalsnews.com.

Dave Webb, president and CEO of Tyhee Development Corporation, explains why his company is worth its weight in gold.


David Webb and his well qualified team are doing an excellent job developing gold properties in Canada. Deep in the Northwest Territories of Canada, you’ll find a historic gold-mining exploration project called Yellowknife. The property is currently occupied by Tyhee Development Corp., and includes the Nicholas Lake and Ormsby Gold Zones, the Goodwin Lake Property, and the Clan Lake Property.

“The Yellowknife gold project initially started off as two properties and has since expanded to four properties,” explained Dave Webb, President and CEO.  “So far, 1.85 million ounces of gold have been drilled off in our measured and indicated category. And an additional 269,000 ounces of gold have been drilled off in our inferred category.”

According to Webb, Tyhee Development also owns 100 percent of the properties, which puts the company in a great position moving forward. “We are fully financed for our prefeasibility study,” he explained. “And that will be completed in the next six or seven months.  We are also fully financed for the next stage of our permitting program. We are not financed for our expanded drill program. But we will see what the market has to say about resources in about four or five weeks.”

Tyhee Development is currently in the middle stages of their permitting program, and the company plans to file a final environmental assessment report in the next six or seven months. “Our preliminary assessment and scoping study included over 500 drill holes,” explained Webb. “We put in about 1000 meters of underground development. Our ounces were 1.6 million in total. Now we are doing a preliminary feasibility study as well which is much more rigorous so we will not be allowed to count our inferred ounces. The important thing to mention is that when we did our initial assessment, we showed that the existing resource we had (1.6 million ounces) was very economic. We could mine 163,000 of gold per year on average, from a 3,000 ton per day operation. Our cash cost would be in the range of $385 dollars per ounce. We need to keep it economically viable for everyone.”


To keep investors interested, and show this is only part of the story, Tyhee Development has a few exploration programs going on as well. “We are looking at putting in an extensive $3 million dollar exploration program this winter called the Clan Lake Property,” said Webb. “We went in there drilling at 7 or 8 meters at 2 grams of gold per ton. Then we were at 20 meters at 15 grams of gold per ton.

As far as financing is concerned, Webb is content with the position of his company. “We have enough money in the bank to finance the prefeasibility and permitting projects, and some leftover for exploration,” he said.  “I think it’s premature to borrow, but we have had interest from investors.”

Tyhee Development Corp. (TSXVenture, TDC) announced on December 1, 2009 a revised resource estimate for its Yellowknife Gold Project, representing a 39% increase in the Indicated Gold Resource at the Clan Lake Main Zone. Tyhee is pleased to report an Indicated Resource of 3 million tonnes grading 3.64 gpt gold containing 354,000 ounces of gold in the Clan Lake Main Zone. This brings the total Measured and Indicated Resource for the Yellowknife Gold Project to 1.95 million ounces of gold plus an Inferred Resource of 269,000 ounces of gold.

Tyhee Development is currently trading at a “paltry” $28 million dollars for 2.2 million ounces of gold. That kind of return will turn anyone’s head. “With the exploration success we’ve had, it looks as though we may be able to produce over 200,000 ounces of gold annually,” Webb explained. “Because of that, there have been inquiries. So we are looking at possible partnerships, alternative means of financing, and some other interesting things.”

Additionally, an experienced and talented Board of Directors helps to keep Tyhee Development on the right path. “We are a company that has expanded on our exploration group,” said Webb. “As a result, we have added a few key players to our Board of Directors to help steer us in the right direction. We have recently added people from the producing side, the finance side, the engineering side, and the discovery side.”

A few of those “key players” include, Dave Nickerson. Nickerson is a professional engineer and geologist with plenty of experience mining in the Northwest Territories. He is also a former Chairman of the NWT Water Board, a former MLA, NWT, a former Minister of Health and Social Services, and a former Member of Parliament. Then there’s Bill Burton, who is the former General Manager of Echo Bay’s Lupin Mine. He has also held numerous senior executive positions with Echo Bay Mines, Ltd., and is currently Vice President of Operations for Western Canadian Coal Group. The most recent management additions included Lorne Anderson, a Chartered Accountant and former Chief Financial Officer and Treasurer for Glamis Gold, Doug Levesque, former Mine Manager of the Seabee Mine, and Hugh Wilson, former manager of all environmental issues for Miramar Mining and previously Echo Bay Mines.

With a sound Board of Directors in place, sufficient financing, and optimistic exploration projects, Tyhee Development Corp. is a mining company worth keeping an eye on. The future looks bright on all fronts, especially in Yellowknife.

For more information:

http://www.tyhee.com

Tyhee Development Corp
401, 675 West Hastings St.,
Vancouver, B.C.
V6B 1N2

Phone: 604.681.2877
Fax: 604.681.2879

Email: info@tyhee.com

TDC – TSX.V

There are many rules in the world of investing or speculating. One that I like to follow is that:

“Accounting Troubles Equals Sell”

It seems simple but it can be difficult to practice given the emotions involved. One can point to the recent Nortel fiasco to get an idea of what eventually can happen. There is a company that was financially strong (apparently) and was a darling of the tech boom of the late 1990’s. After the bust they started making announcements about restating earnings.


I lost count after the third time as I had long exited any thoughts of being long the stock and I didn’t have the stomach to short a stock under 10. The decline was slow at times and painful until they announced bankrupcy.

GM is another example. Warren Buffett mentioned their difficulties back in the early 1990’s or so and other commentators reflected on their continued death spiral since that time. Yet bankruptcy took until the 2008 credit crises pushed them over the edge.

I predict multiple government bailouts, union fights and heartache for the foreseeable future until some brave politician says enough!

Dubai itself may be a gnat on the world financial trouble coming in at only 90 Billion tops. I hazard a guess that it won’t be the last as now it shows the world that Governments can and do default despite the “implicit guarantees” to the contrary.

Marc Faber in the attached video sums it up nicely.

Enjoy the video and watch the exits!