Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Good, Great of Bad numbers... first, ask the Hoov... but

rwinger,

|You cannot put a price on those thoughts because there are variables missing. The grader is only part of the puzzle. As Bratty said, you need to have tonnage for it to be worth anything.

Grade x Tonnage = Quantity

Just tonnage or just grade do not work. Both need to be figured out. However, if you do calculate the Quantity in ounces you can apply turn the in situ value into a guestimation of potential market cap.

So.... roughly:

1MM oz = $100M market cap

2MM oz = $200M market cap

.....

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