Developing Bellechasse-­Timmins Gold Deposit

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Message: Phonecall with Sasha

Called him after close on my way home from work. Congratulated him on share price, to which he responded that he was quite impressed by BMO's solid buying. He said he didn't know who it was. I actually know one guy who buys through BMO, which is everyone's favourite heel but is someone who I actually admire - Warren Irwin (don't hate the player, hate the game). Obviously probably not him but he should be getting into this sometime soon!

My 3 wee ones are napping so my time is limited.

Results? He HOPES monday but he is not sure and apparently it is out of their hands. I think they are waiting for some data still from Actlabs and they have been pushing them as much as possible to get it back.

Perhaps 2 NR's next week? I don't know what about.

They are prob in Toronto on Friday for meetings all day and the Cambridge Conference over the weekend. They may stay Mon and Tues for meetings as well.

They spent 2 days at the prop w 2 analysts this week. Apparently they LOVED it. I cross examined Sash on who these guys were but he wouldn't give it up. Sounds like they are quite legit, and one of them is apparently a regular on BNN (40 times last year) and a very cool guy...the other very experienced and respected. The analysts arrived in Quebec City at 1030 and were on the 330 flight home. Insane. The one guy said he was going to talk about this all over town (meaning BNN) but don't hold me or Sasha to this...it was just conversation so it must remain in context.

Results will be on 2500-3000 metres. I pried to see if we had any really long intercepts to which I think we may not have any now, like nothing over 100m which I was trying to get from him. It doesn't mean we don't have any, just none on this release.

I think it is imperative for shareholders to remember that I think the consensus among some of the knowledgeable shareholders is that the drilling has improved with time. The first batches were lots of quartz but little diorite and very infrequent VG. As we went along we like to find quartz with diorite and we started seeing VG as a regular occurence. My point is that this batch of results will probably be the worst.

I'm not saying that I think they are poor - I truly have no idea what they are BUT whatever they are, I am personally expecting them to be better for the subsequent releases. You can put that feather in the cap of anyone who thinks our SP will have run it's course after next week.

Sasha also said that there has been no leaks, and I believe it. I don't harass the guy but they have always been calculated in what they say and when it comes to material information they are very discrete - and I commend him for that. As I said to him, I would much rather not know anything than be the only guy who knew something. I think we all feel the same and I don't want advantages going elsewhere. I feel confident about no leaking from a personal standpoint.

I was most excited about this. He said that the property has totally changed again. "When were there, in August'? he asked. Yep. Well apparently there has been a ton of work done as there is a back hoe, dump truck and 1 other thing (can't remember) on site and they have dug a long trench that sounded quite wide and deep - whatever a back hoe can do I suppose.

This only means one thing to me. This would be on the area where the geochem went off the charts. I think they are removing the overburden and looking for quartz at surface - which is what they had just started to do on my last site visit when they thought they found it but there was too much murky water to see.

If they can scrape off the overburden and access a quartz vein at surface that is as good as it gets. The width - get a measuring tape. The grade - chip off a grab sample. The direction - take a thumb and eyeball it and say thattaway. Tonnage - immediate. Drill location - uhhh right about there...in the centre.

Very exciting times folks.

I feel like I should also remind everyone to please keep their expectations in check. I'd hate to be reading this hub next week if our share price goes to only 90 cents or god forbid 70. I am VERY confident that this thing will go to the moon in time but it's a big world out ther and there are lots of great opportunities to make money. IMO GNH is one of the best in a lifetime but it takes time to tell the story. Thus far I have seen fantastic results come out of GNH (how about the bulk sample for crying out loud) yet the biggest day for our share price was when James West briefly mentioned it one Friday in the doldrums of summer.

Speaking of which, he will be back on BNN this Friday and talking about GNH so get your questions in to commodities@bnn.ca and let's flood them over there.

Slow and steady wins the race.

B

no time to proofread...sorry for typos etc

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