It is interesting to see how some people's expectations have changed over the last several months. I remember a time when many of us would have been content with 1-2 g/ton in new exploration holes. What fundamentals have changed here? ... none in my opinion. As presented in today's release there are potentially mineable grades of gold in the 88 zone (if you believe the Agnico-Eagle/Goldex comparison) and visible gold in the 88 zones that foretells a nuggety effect with bulk sampling results pending so that the average grades will almost certainly increase.

We seem so desperate for gangbuster drill grades that we appear to have forgotten why we invested in this play in the first place.... because we believed the market was undervaluing the amount of gold on the Bellechasse properties. The volume of gold-bearing quartz is ever increasing and whether you see it or not so is the value of the GNH land package.

Best,

Scott