I see your logic. Can't dispute it. I see where you are going with it. Can't argue with it... I see where you get your estimate of 2 million ounces, and I honestly think that you are a tad bit LOW in that estimate... but that brings us back to the age old question...

How much do we REALLY have???

I know, there are those who need their 43-101's, which I don't at this point and time...

There are those who NEED to see what this little gem of a company have in a "published" document before being able to see just how undervalued this company is... which I don't need and I can see the value, but it is still a bit of Spec at this time... I don't "know" what the drilling cores that they have been pulling out of the ground have in them yet... just rumour and spec.

So, where should we be at? 25 cents? 30??? 1 or 2 dollars per share??? In time, I think we will be going there, after we start getting some of these assays back and the guys at Golden start putting the "bigger" picture together... I think that the area around Timmins and Ascot will warrant a much higher share price alone, not counting the extra 15 kilometers of claims that seem to be holding the same kind of geophysical structure according to that "sniffing" machine that seems to working extrememly well right now.

How high will we go??? Anyone's guess right now... It all depends on what that drill (hopefully "those drills" soon, rumour and spec) brings out of the ground.

And let's not forget that great big red bulls eye that has not even been drilled yet, you know, the one that had to taken out of the rest of the "sniffer" results because it completely messed up all the rest of the results because of how high the readings were... Hmmm, might be some gold in THAT vicinity, provided that the machine wasn't low on batteries and that the guys operating it would notice if it did need new batteries :-} .

So, why are we where we are at??? I don't think that the rest of the world knows about us yet, and if they do, there are mostly retail shareholders in this company right now (please correct me if I am wrong here) and the insto's don't have enough of a stake in Golden yet to play their games and make huge runs in the share price, attempting to get retail to buy into the "HIGHS" that can be artifically constructed... Let's let the drill bit get us our highs in the next year or 2 and then the insto's can buy OUR shares from us if they want...

God Bless all Golden investors.

Herb