Yep. I've heard him say this at least 4 times. It kind of goes something like this;

'The drill gives us a grade of around 2grams per ton, our known grade with the bulk sample is 2.998 grams per ton....let's call that 3. I believe our true grade is closer to 6 grams per ton and maybe even higher.'

He does not like the fact that we say the grade is not what he believes it to be. At the end of the day he is a scientist and he wants to prove EXACTLY what the grade is. The bulk sample gave us a grade of 3 but if you look at where the bulk sample was taken from it includes a lot of area that is obviously not mineralized. I'd say at least half.

Some other bulk samples take from Timmins are above 8 if memory serves. The Privex bulk sample? It should be on the website somewhere and it was taken from a smaller area that looked like known mineralization.

The silly part is that it don't matter what the grade is, it's what you can prove it to the market that you will get paid for. UNLESS, you deal directly with a mining company. They will only be concerned with how much gold they can extract, which after a quick study of the nugget problem and the bulk samples is obviously much higher.

This could be a big week for GNH, even though it's a short one. I had a chat with Frank on Friday afternoon after close. The guy appears to be a tad bullish on Golden Hope, as am I.