Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: visible gold

OK, Mtl Gold. I talked to my geologist and he said it was not that unusual to see visible gold and then get assay results of 1g/t or less. Then I re-read the Feb 15th report and noticed that the assay results that had visible gold in them had generally higher assay results. There were only 2 with under 1 g/t, and I can accept the math that on the lowest one (.08) they may have just simply taken the half that did not have the gold in it.

I feel better about this now, and the 88 zone does not look quite as bad as it did before I cleared up this confusion. The other thing to keep in mind is that 88 zone may or may not be viable at $1400 gold, but it will certainly be more viable at $2000 gold.

With Pimco saying they are no longer buying US bonds, the Chinese hinting the same thing, and Japan suddenly needing all their extra money to rebuild, exactly who is going to be buying US bonds?

Can you say QE 3.

Bob

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