Re: Vancouver Show
in response to
by
posted on
Jan 24, 2011 01:17PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I too was at the Conference for a bit, and ran into Bob and Notie Girl briefly.
I talked with Frank, and with Sasha. They were both very relaxed, and not pushy. From Sasha I got that we definitely won't have any more mix ups at the lab. We talked about another drill, and he told me that they are scarce, but that the outfit they use is in the process of building another rig....they cost about 400 grand. He said they would be having a directors meeting soon, to discuss when to add another drill. He personally would like to see another drill doing further exploration on other areas of the property.
One observation he made about the conference. He said of the 400 or so exhibitors, maybe 4 or 5 actually had a working mine now, and maybe 1/2 of 1 percent would end up with a mine in the future. Basically, they're all there trying to keep enough interest so they can keep drawing a salary (my words), and hoping someone next door to them will find something, and give their shares a boost. Maybe, just maybe, some of them will get a serious drill program going and find something to bring serious investors in.
Fortunately we already know we have something, and have a serious investor. Sasha again reiterated that no inside information was given out in order to procure this latest PP. The investor had supported them before, believed in them, and wanted to see them be able to carry on with a good amount of cash. That's trust for you! And of course good thorough DD.
They're both feeling a little raw, from being dumped on so much, even on this board, over the last few months. People should really know that they have been working they're butts off, doing everything right, and being extremely accessible. What happened with the drill results was pretty much out of they're control. Part of it was just the huge volume of samples they they have submitted.
Think about it.............every single 12 hour shift, that's 2 a day, gives them about 100 metres....300 feet....to box up after every session, before the next 12 hour shift crew comes to start drilling. Then, all those boxes have to be taken to the storage unit, and the hands on work begins. Then more samples get put together, and there's more work for the Lab.
This happens twice every 24 hours, 7 days a week.
That's one heck of a lot of material to process, resulting in a heck of a lot of samples. Nobody else in the area is doing anything near that. So give our guys a pat on the back.......they're working hard and as fast as they can, for us shareholders.
Oh, and one other thing. Sasha said they care about they're shareholders so much, because prior to GNH, they were both in the Service Industry, and your customer is everything. Your there to serve. That's ingrained in them.
Pender