Timmins & Beardmore - Northern Ontario

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Message: I'm confident

The jacobus premium accounts for approximately $.25 (SP - .15) of the present share price, so .20 could definately be in the cards. I am of the opinion that speculation will prevent this from occurring prior to the NR, and that this would only be possible with poor to average assays from Jacobus.

But... The drill as our prophet, literally.

Drilling can be scheduled based on core visuals and prelim. results amongst other things and does not necessitate the same disclosures that would be required of other decisions. The 2008 drill program may allude to management's interpretation of Jacobus preliminary results, and 22,000m is far from just tapping a few test holes. This decision suggests management has a reason(s) to be optimistic about Jacobus, and you can only wonder what type of catylyst would be required to set the gears of a 22,000m drill program in motion?

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