Timmins & Beardmore - Northern Ontario

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Message: New Corporate Presentation...

New Corporate Presentation...

posted on Sep 28, 2009 10:03PM

Click on 'Fact Sheet' on website and get September 2009 Corporate Presentation... go figure. Still listing 'funds raised on exercise of option and warrants'... $15.1 million... as most of these are well out of the money I would question inclusion of this figure... 306 million shares out fully-diluted... ouch... remember insider buying... there hasn't been any since early 2009... 3.5 million in cash as of August 15th, 2009... that's good news... most interesting/new info slide is slide 10 IMO... two properties that I have never seen before listed as "TBA"... I assume 'to be announced'... one just south of Paint Lake and another near Beardmore... new claims I would assume... slide 12... some big PL samples on southern border so PL 'TBA' to the south would make sense... other than that some new SP maps on slide 14 and 15 that I have never seen before...

HEY WAIT A MINUTE!... slide 14... 892g/t over 0.5m!?... that is a NEW number... previously largest sampling results from SP was 351.58g/t over 1.28m... maybe is restated 351.58 g/t over 1.28m containing 892g/t over 0.5m?... also no mention of ''VG showing" on Golden Sceptore showing as depicted on this map... I say we have SP news this week...

red911

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