HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Not sure if...

There is a good discussion regarding this exact article over on the Golden Hope forum, or GNH. One of the excerpts from the news release that is posted over there reads,

"We're not buying Andean for a three million ounce resource. It will grow and with that growth will come the opportunity to significantly expand the throughput that was identified in the existing feasibility study."

Glorieux found that news and has placed it on that forum... but yes, it does kind of make one wonder what is happening with Noront... except it will probably take at least 3 - 4 billion dollars to clean up all that "moose poop" in that "moose pasture"..., Figuratively speaking, of course :-} Oh, and I am not too sure where that ore body is in Argentina... they may be right beside a Power station with some big empty buildings that have been abandoned from some other venture that would fit a concentrator, gold extractor operation just perfectly............ (Yeah, right).

Oh well, maybe someday, we will have our DAY!!! I still have all my RRSP shares, although I should have dumped them to buy into Golden at their 18 cent share price... I was told by someone to not put all of my eggs into one basket, DOH. It's OK, because my hindsight is perfect... and if we ever DO have our day.....

Hope to see you at the ROF Classic, Milsy :-}

Herb

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