Developing Bellechasse-­Timmins Gold Deposit

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Message: Re: Golden Hope Establishes Technical Advisory Committee, Appoints James Franklin.

Hey guys,

Been a long time...Seems like I have not missed too much. This guy seems like a very nice addition again. I have to admit that GNH probably has on paper one of the strongest BOD and now with this addition, even more brain power. It will not change what is in the ground of course but hopefully, the best decisions will be made on how to go forward here. The company still has cash and lots going for it geologically. However, the market needs to turn around and though I am seeing some green shoots here and there, we are far from a guaranteed recovery. What I like here is we seem to be at a strong bottom so risk is very low to dip a toe back in. Once they start drilling again, we should get a bump on that and they have some nice targets to go after.

I did call the company to get some update and they confirmed that drilling will resume before the end of summer. That there is more news coming in the short while. They are excited by James Franklin's addition but this will be a commitee so I expect a few more appointments there. They did mention that there was no money being paid to Franklin which I liked as I think at this point we need to be very thrifty. As I write this, anonymous just dumped a load at 7 cents and so I picked up some cheap shares here that I am happy about.

Hopefully, we will have more things to get excited about in the next few weeks/months.

G.

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Aug 17, 2012 02:10PM
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