Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: It's nice to see ...
5
Mar 29, 2011 12:59AM

I believe you are correct Mr Gimble.

I also know that Frank has said that there is no more lab issues. The delays we did experience are now a thing of the past and our turn around on results should be much closer to the industry average.

We still have a 6 wildcat holes to report from the Laval's Mountain zone. These holes are highly speculative and wagers here should be minimal however, the geochem results from that area were very high. A good hit here and we would turn this around very quickly. We do have some shareholders that still want to sell big chunks as seen yesterday at 26 cents so our ascent may not be as rapid as some may want but a good hit here would certainly rejuvinate alot of the blue sky that has been dreamed about by so many of us.

The most important and solid portion of our assets remains the T1/2 zones. The bulk samples and drill results-including the solid results released in January- of that area are solid and should deliver significant ounces when our 43-101 resource estimate comes out. That keeps giving me the confidence longer term in the company more than these pending results.

The price of gold keeps getting supported very well at these very high prices and the base formed here would be very solid support for a strong move up. With the uncertainty in the world right now, it is hard to predict were things will go but if the flight to gold should get triggered from these levels, $1500 will not be a problem.

Glorieux

4
Mar 29, 2011 10:04AM
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