3rd Site Visit....
posted on
Aug 29, 2010 01:35AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
So, I am back from my third visit to the GNH site, and I am already anticipating my 4th.....should my gracious hosts permit....
I am neither a technician nor a number cruncher as are Hoov and Brattymack...but I certainly do rely on their explanations and descriptions in order to more fully understand exactly what it is that GNH has here, in Bellechasse, Qc.
Each time I go to the property, I am beginning further to understand the scope and extent of the staking claims amassed by our team, as well as the land actually owned by the company.
A good number on the forum are obsessed by stock price and value, and the date on which the sp will surpass one price or another.
Site visits have cured me of the price jump phenomenon. There are many reasons price may be driven, but at the site, there is only slow and exacting work that continues each and every day, all in the effort to prove the extent of grade, depth, and boundaries.
As the team continues to develop that proof, and more investors aproove of the story, interest grows, along with the stock price.
Many seem to want to know why we have only one drill operating instead of 4 or 6. You have to see it in order to understand it.
The drill is mounted in a customized shipping container, on steel skids, with a large diesel power plant, to turn the drilling mechanism. This is meticulous, boring work, diamond drilling inch after inch, raising the drill, removing the cores, placing them in core boxes, and dropping the drill back into the hole, to slowly bore down into the rock again, only to rise to remove core once again after a few meters of depth.
This goes on in two, 12 hour, 2 man shifts, 24 hours a day for weeks at a time, until the four drillers pile in their truck to return to northern Quebec for a week or two of respite....or RnR.
Do you get it? I didn't until I saw it. This is repetitive, slow, careful, boring, ongoing hard work in the bush, with mud or ice and snow. And the noise and vibration of the huge diesel is a constant, night and day, sun, heat, and humidity, rain and snow, and bitter cold.
Dany and his small team carefully remove the cores to the core shack, carefully tag and record each one, break the cores, saw them in half lengthwise, bag them, and ship them to the assayer, I think in Ontario.
The core shack is full if shelved cores, bags of rock, and machinery. I mean FULL....GNH needs more core shack. Just another problem to be addressed in this ongoing 24 hour operation.
Golden Hope is overseeing a continuous, 24 hour a day drilling operation, a core processing operation, and a systematic core storage operation, that can find every piece of drilled core, or dug up sample of rock that we have processed, and which was sent for assay.
Basically, I suspect that Gnh has neither the money, nor the human resources to to perform this painstaking work any faster. This is a curative process....one step at a time....
This is one big rock and paper trail directed by Chief Geologist Jim Tilsley, a gentleman and scholar, most professional and conservative of nature, who we, the shareholders are lucky and privileged to have leading our field team.
Once the samples are sent, Tilsley, Sasha, Dany, Sylvain, Frank, and the rest of us wait! We wait for the assayer to do their complicated processing of each sample, and eventually report the separate result matching date, core sample, depth, etc.
On the land in the bush, it is Swiss cheese of drilled holes. Back at the office, it will become a 3 dimensional graphic of notes and values, which JT, Hoov, Brattymack and others will translate into tons and grams, and values, from which many of you will try to count our riches and eventual stock price.
In the meantime, we wait for JT and his geological team to receive and process the results into a form they can report to shareholders.
So, what do I think I know?
As the journalist, which once I was, I have myself, seen many flecks of gold in many cores of rock. I have seen the outcrops of Quartz on our claims. I am aware that panners have been finding gold in nearby streams for more than a hundred years....and still do to this day.
I, personally do believe that there is a significant deposit of gold on our, and surrounding sites, and that eventually there will be a valuable mining operation in play, here.
When? I cannot yet say. Indeed, I cannot say if ever.....Do not misunderstand me.... I continue to await the geological confirmation that our claims contain sufficient grade and boundary.
Like the rest of us, I will await the eventual reporting of the assays, which I do hope and expect to confirm our past reports in the neighborhood of 2g/ton, which I hope will affirm the principle that there is continuing verifiable gold in our core drillings.
Logically I would presume that management has extended the drilling program because they are finding positive results, which can be found in the vg flecks in the cores.
For now, I am NOT trading my stock. I am accumulating while awaiting the real money to become aware and interested in this project.
With every visit, I make new and valuable friends, understand the project better, and observe our slow but steady progress.
I like this team, and I like this project. I understand the risks, but I find the rewards to be invigorating!
OBS