I've had a bit of time to think about the latest release, which I think is really great and is essentially as good as we could have hoped for.

To jump into something else, I like to put forward some thoughts to support the idea that this is indeed a mineable deposit, or will be in the nearer future.

I feel like I've heard this idea of it not being mineable kicked around a few times and now that these results are out, I think that is looking more economically viable than ever.

First of all I would suggest to click on the Photos tab on the left of this page and look up the photo called 'After Round 1 of Crushing'. This photo is taken on the 'Field of Dreams' which represents the tailings of the various 2009 Bulk Sampling. As per November 5, 2009 NR...84 bulk samples ranging from ~5 to ~15 tonnes each were recovered. Let's take the average here and call it 84 samples at 10 tonnes each. These samples were taken directly from surface at T1 as shown on this map http://goldenhopemines.com/_resources/maps/timmins_geochem_dec_20_2010.pdf. Now, what should be noted is that where these samples were taken from is from both AU zones and non Au Zones. So therefore, these combined would give you a homogenous representation of the grade of the entire surface. That grade was 2.99 g/t.

So, some quick math here. We have 840 tonnes of tailings at 3g/t = 2520 grams of gold, which when divided by 28grams per ounce = 90 ounces of gold * $1350 = $121,500 worth of gold sitting in those piles of rocks on the property right now, taken right off the top of the SURFACE. Not bad.

Well, if memory serves, holes 132, and 133 reported in this recent NR were those pain in the butt deep drill holes that took forever to do but has now proven that this type of mineralization goes both 340m and 400m below the surface. We now have that proof, and in my opinion the drill assay results from these sections were much better than I expected. So the stuff at surface, seems to down to at least 400m.

So what does this all mean?

Well, this is oversimplifying by a country mile but it looks like to me that these guys could open pit T1 and T2 down to 400m and have homogenous grade of 3/gt all the way down. I won't do the math there, but if it's not economic...I'd bet it would be close.

More likely though, it means that as they have referred to now on their corporate presentation, they could employ a similar process to the Goldex deposit (as on their corp presentation) which enjoys the lowest cost production method in the world, and they could cherry pick these AU anomalous zones and pull up ore with even higher grades as was shown in trench 09A (one of the only trenches purely taken from a AU anomalous zone and the grade is more like 4.6g/t). This is only on T1 and T2. Don't even worry about Snow White yet.

So, in my opinion there is tremendous significance in this release that the gold was hit as deep as they could go, and in line with their projected Au anomalous zones.

Tonnage potential is looking much more proven here. Of course, these results would have to wrapped into a 43-101 report to say that.

Anyways, just throwing this things out there....