Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: How do I calculate the expected ounces?

turbot, the current market cap is $80mil +/-....

at a reasonable expectation of $200oz (see osisko at $300- $400avg last year)

you'll need 400,000 oz to price gnh at current levels.....so, if you believe gnh has 400k oz on the property then it is properly priced at this level....

if you believe GNH has 10mil oz at $200 then the proper price is...........$2bil / 129milsh

$15.50

so, depending on how many oz you believe is on the property i'd multiply it by $200oz

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