Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: New Presentation for 2011
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Jan 11, 2011 12:40PM
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Jan 11, 2011 03:04PM
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Jan 11, 2011 03:41PM
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Jan 11, 2011 03:59PM
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Jan 11, 2011 04:04PM
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Jan 12, 2011 12:47AM
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Jan 12, 2011 09:14AM

Between you, me, the fencepost and uh...the rest of the world - the 100mt is pretty much already in the bag.

Of course, I think you could take a lot of gold explorers hold your thumb in the air, squint your eyes and announce that they have 100mt, or high grade deposits, or whatever their MO is...in the bag as well.

The trick is to PROVE it to the market. Well, GNH has announced that they intend to do just that in 2011.

At the risk of getting ahead of ourselves, I'd suggest that your everyday GNH investor set their expectations a bit lower in the spirit of avoiding disappointment.

I think they may have changed gears a bit on the fear of locking in the lower grade and tonnage on a resource estimate. I obviously don't know this for certain, and this is for discussion purposes only but their path may be to get a smaller 43-101 compliant resource estimate done and then simply add on to it as they drill.

In other words, get the damn thing done and because of the fact that you are open in all directions you can build tangible value one hole at a time. I guess kind of like Noront did in tripling their reserves, but I would expect the share price to go up instead of down in this case!

My opinion, but if this is the route they decide to go (all the while using the bulk sampling to determine the 'multiplier' or official grade of this deposit) you could expect a more regular looking stock chart and ideally one that looks like the flight path of a 747 taking off into the distance.

Again, just spitballing here. I typically like to have my expectations quite low...that way when I live my life I am never disappointed, and on occasion pleasantly surprised! ;)

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