Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: A slightly "different" Perspective...

I have read much ado about assays this and assays that... Guesses, both educated and also historic have come and gone. There have been many good discussions as to what to expect and where we "may" be headed "if" we get "X" amount of grams/ton etc. Really great information being circulated on this forum and for that, my gratitude to those who post.

On a slightly different angle, I am "most" curious as to how much of our quartz and diorite actually has gold in it as well as the values... Now, remember Larry was talking about approx. 25% of the holes hitting visible gold. That is encouraging to say the least. I must caution everyone that these VG intercepts may be for a meter or even a couple of meters in lenght. Why are you so pessimistic, Herb??? Simple. If we were hitting VG in core lengths of 50 or 100 meters, we would not be trading in the 60 cent range. VG core is approx. around 40 - 80 grams/ton if memory serves me from what I read on here. So, if we were pulling VG for those kind of core lengths, I dare say I would not be writing this from work but much more likely from home as I planned my vacation AFTER RETIREMENT FROM WORK. Those kinds of numbers make millionaires overnight, literally.

Now, back to reality. 25% of our drilled holes have VG in them so we KNOW that there is gold to some extent in 25% of the holes. That is a given. Lengths etc., no ideas yet. So, here is my thoughts...

What percentage of the "rest of the holes drilled" have gold values in them as well? OK, it may be a gram/ton, it might be 3 or 4 but how many of our holes that have been drilled to date have actually assayed some value of gold that is economical to mine at these gold prices today? Another 25%, bringing us to 50%??? 50% hit ratio is very good in the exploration industry, I think. So, do we have 50%? 75%??? Something I care to not believe until I see it, but could we possibly have a 100% hit rate of core that has a 2 gram/ton gold value in it somewhere or higher? With all the drilling that Golden has been doing, I sure am curious as to how many holes would be termed "economical" by the "market's" standards... I think THAT may be very important to the market if we can show that we are hitting gold in EVERY HOLE. Sorry for shouting, but I thought the market needed to be woken up :-}

Drill, Drill, Drill. All investors seriously should be saying a prayer or whatever you believe in for our drillers and the fabulous work that they have been doing. The amount of drilling to date is just great, and to think that we are just getting started. If, and that's a big IF, we have enough GOOD results to drive our share price up over that magical dollar/share price, then perhaps we could look into a substantial financing of some sort and get 2 or even more drills turning...

And here is my last thought... IF they drill at Sugar Bush and Laval's Mountain and find economical gold in those cores like I think they found at Beland (can you say, Visible Gold!!!), then perhaps it is time to tell the world about our gold "BELT" and let the markets push our share price up to an appropriate level to finance 3 to 6 drills to really accelerate our program.

Great work, Frank and Crew!!! My hat's off to you guys for firstly, believing in this project and then systematically going about showing the rest of us that you were right and there really IS something of worth under that ground... Great Job.

So, I am hoping for an 80% economical "HIT RATE" on our cores to date over some nice lengths... I would be happy with 50% and anything OVER 80%, I may just have to take a couple of days off work to "catch my breath" again :-}, if you know what I mean...

God Bless all Golden Investors...

Herb

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