So I spent some time the last 2 days reading the news release, listening to the interview, talking to Sasha, reading about Scott's talk with Tilsley and reading the recent posts on the Agoracom board.

For the life of me I don't understand the negative banter and most of all I don't understand why the market is so negative with respect to GNH?

Of course everyone is entitled to their own opinion but I am reminded of Jim Tilsley's comment to Scott...."when have you ever known the markets to be rational?"

Some people continue to harken back to the late assays and are suggesting that we are still experiencing the same problem. This is simply not the case.

As Frank explained, roughly 18,500 M of drilling has been completed since last April and we are waiting on 5000 M from 17 holes. We did a 750 tonne and a 1700 tonne bulk sample and both of those were reported on and indeed proved once again that the grade is 50% higher than the simple drill samples would indicate.

Again as Scott reported and Frank emphasized, the vein widths are larger than average with T1 being 65M, T2 - 25M and 88 -15M. Tilsley reported that the majority of gold is mined in stopes where the veins are less that 4 feet in width.

It struck me that Frank suggested that had their been a mill in southern Quebec they would have sent the bulk samples to the mill for processing. This would have confirmed the true composition of the ore with a high degre of accuracy. I suggested to Sasha that in spite of the cost of transporting the ore to a mill in Val D'OR, the benefits of doing this may justify the cost. Such conclusive data may or may not move the SP but any company following the GNH story would understand the validity and value of such data without question. This benefit alone may make such an investment worth while.

IMHO GNH is at a point in their history that bringing in an outside consultant to examine their data and make recommendations to the board regarding the economics of the project and the alternative directions from here is a wise move.

We are at a crossraods with this project. Do we simply continue with the drill campaign or is it time to go in a different direction? Sometimes when you are too close to a project you can't see the forest for the trees.

For the most part, and in spite of the sp, the results to date have shown that indeed there is the potential for very large tonnage on the Bellchasse-Timmins property. Based on Mr Tilsley's modelling, he is convinced that this is an economically mineable property. He wants to proceed directly to building a ramp at a cost of $20M. But what are the other alternatives? The expenditure of $50,000 or so to get a professional opinion is a wise move at this point.

We should all be very happy that we have Frank Candido at the helm of this ship.

When I first got into this junior mining game I was fortunate enough to meet Jim Voisin who warned me to pay close attention to the character of the Management of any companies I was investing in. In Frank we have a man with great personal character who is devoting his life to GNH.

SN