From Stockwatch.....
Taylor says buy Golden Hope Mines
Ticker Symbol: C:GNH
Golden Hope Mines Ltd (C:GNH)
Shares Issued 103,458,716
Last Close 9/10/2010 $0.69
Friday September 10 2010 - In the News
Jay Taylor in the Aug. 16, 2010, edition of Gold, Energy & Tech Stocks tells readers to buy Golden Hope Mines Ltd., recently 58 cents. This is the first time he has recommended the stock. Mr. Taylor believes the company's Bellechasse gold project in the Beauce region of Quebec holds great potential for high returns, with high risks. The average grade from bulk-tonnage surface drilling on Bellechasse last year is about three grams per tonne. Golden Hope is drilling 20,000 metres at the project this year. Mr. Taylor expects similarly good results and eventually an NI 43-101-compliant resource estimate that would confirm the property's potential. In the meantime, it is a positive sign that several companies are staking claims in this underexplored region. Osisko Mining Corp., which held claims in the area and then got rid of them, has come back to participate in the recent rush. Mr. Taylor says a 20-fold rise in share price is possible if a multimillion-dollar deposit is found on the premises, but warns that shareholders must not expect this to be a disappointment-free investment. Golden Hope's president is Frank Candido.
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