Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Back from holidays...
15
Mar 18, 2012 10:24PM

Had some great family time with Mickey and friends!! Back to reality now...

I know Frank C was away the last week and did not expect any news and expected our share price to come down...but not this much. I guess Gold getting hit so hard took the luster off many gold equities.

Chatted with the company late last week. They are still pushing for a late March 43-101 RE but it will come down to the QP and SGS. If they are late, it will be days to a few weeks only. They will use the 45 days that they have to file the report on Sedar to include all the latest results. This could mean that the number of ounces in the final report could be higher by a small percentage ie 10% but more importantly, having more holes means ounces will tend to move from inferred to indicated or measured.

They also have to have all the results from all their activities in that report and that includes results from Champagne and Beland and also from the VTEM. I can only hope West Coast Guy is correct with his prediction of gold over $2000 for the summer as this positive motion in gold price combined with our potential results and hopefully multiple drill rigs over the summer will ignitea much higher share prices.

G.

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