Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: A little history...

I've been doing my homework, looking into why Candido has been able to revive this project and what may have caused it to fly under the radar for so long.

Without going into the longer history of low gold prices and the lack of understanding the nugget problem up until the 1980's when JT wrote his first report that nobody listened to, and that he never got paid for...here's a bit more info.

I am going to go into broad strokes here. Frank C had no interest in making negative comments towards anyone or focusing on the past as it would serve no purpose. So in respect of any past issues with management, we're not going there.

Frank was a long time shareholder (2000) and became more involved in 2006 directly through investing and raising capital. They were looking for a new Geologist and the then Pres Ted Polisuk put in a request to Fran Manns at the TSX for suggestions. They suggested Tilsley who had already written a report for the company in the past but had not been paid.

Frank asked Hoel to get involved to help raise capital on Bay St as he knew him from other deals. Frank did not feel he himself was qualified for President due to his lack of junior exploration experience until he began to see that he was in fact, the best candidate for the job and had the support of all of the largest shareholders.

Tilsley got involved very hesitantly intially and as he said on the site visit, tried to price GNH out of the job and requested payment for the work he did in the 80's (This is the scientific mind working here). In fact, in the spirit of looking only forwards it should be noted that Tilsley has only had full control of the project since August of 2009.

That is why Sasha says things like 'the team only began to understand what we had in the last 6 months!'

I personally first invested in GNH in December of 2009 and have been continually amazed by what I have witnessed first hand on all levels of the company. I wish I have had more experience with understanding how juniors operate, but from a purely business perspective I have never seen anything quite like it. I say that because when I first looked at GNH they had a market cap of just $8M and little cash in the bank. Today they are talking about about approx 5M oz (not 43-101 compliant) by the end of the year, are cashed up nicely with minimal dilution (they cut their last PP down large) and are being begged by a maven of BNN to let him on the team. Not to mention Frank had 12 mystery meetings on Bay St several weeks ago. They have got blood from a stone after one of the worst recessions in history.

The drill results will confirm or deny, it's as simple as that. The shareholders of today are taking that risk, and will also get the appropriate reward. The institutions don't take that kind of risk for their clients, so look for them to sign up if we have some decent results.

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