Seems complicated since the agreement was between Resourcex and GNH not James West and GNH. Based on West's comments Resourcex has likely now been sold so that James West is not affiliated with it any longer. I think we will learn more by November 21 because if the 90 day trial period for the GNH/Resourcex agreement has been extended there will be more options granted to Resourcex and I expect that would warrant a news release. See terms of the original agreement below.

Best,

Scott

TORONTO, ONTARIO--(Marketwire - 06/24/10) - Golden Hope Mines Limited (TSX-V:GNH - News)(PINK SHEETS:GOLHF -News) is pleased to announce the engagement of Resourcex Group as a strategic investor relations consultant to the company. Resourcex Group is 100% controlled by Mr. James West, publisher of The Midas Letter. Resourcex will focus on developing and expanding Golden Hope Mines' communications with the investment community through a comprehensive investor relations program.

Resourcex will be paid a monthly fee of $5,000 for professional services for a period of 12 months. The agreement with Resourcex Group is for a 12 month period, which may be extended with the prior written consent of both parties, and may be terminated by either party at the end of any quarterly period. Resourcex Group has been granted 100,000 incentive stock options exercisable at a price of $0.53 per share, for a period of two years. The options shall vest and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year. Should both parties extend the contract beyond the initial 90 day trial period, Resourcex Group will receive an additional 100,000 options at a fixed strike price to be determined on the 21st day of November 2010, for a period of two years and will vest and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year.

This agreement is subject to acceptance by the TSX Venture Exchange.

About Resourcex Group

Resourcex Group has been providing full service investor relations services since 2004. Founded and operated by James West of The Midas Letter, Resourcex Group's deep history of corporate finance, financial marketing, and institutional and private investor relationships has made the company a highly sought after but very exclusive consultant to emerging public companies in the natural resource sector. Resourcex Group never services more than one client at a time within each sub sector of the natural resource sector, ensuring maximum exposure for its clients. Resourcex Group is a duly registered corporation under the name of 0737077 B.C. Ltd.