Developing Bellechasse-­Timmins Gold Deposit

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Message: Re: GNH finance update
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Aug 27, 2013 05:45PM

GNH also released their latest MD & A (aka Management's Discussion & Analysis) doc today which is available for download on Sedar.com.

One key summary highlight is excerpted below:


"Management continues to seek out alternative opportunities to further advance its exploration of southeastern Quebec. These alternative opportunities include
strategic investment by a third party, mergers and acquisitions and joint ventures.
The company will inform its shareholders of any developments with respect to
these potential opportunities as they advance or become material."


All I can say is that I hope such a "third party", "merger", "acquisition" or "joint venture" miracle event happens soon...given the current cash balance, GNH is effectively drifting in the middle of the Pacific with almost no fuel left in the engines to move the ship far enough to make any kind of landfall.

-Dragon50

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