Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Jay Taylor--Golden Hope Mines - valuation
27
Aug 16, 2010 04:20PM
8
Aug 16, 2010 09:07PM

When the market realizes that we do have 100MT at 2g/t for 6M ounces, I think you will be lucky to get shares under $1

I´m still not very confident that we will be able to prove 100Mt by the end of this year.

If we really do, than the second part of your sentence will be a very big underestimation, Frank.

A proven 6M ounces deposit (bulk mining, in "safe" Canada) WILL be valued by the market (with gold above $ 1200) for at least a $ 400M market cap (conservatively).

This would equate to $ 3.00 / share.

I would be more than happy if we would see this development over the next 12 months.

And that would be already quick, as far as I´m concerned.

FANTOMAS

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