Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: nuggety nougat-Hoov
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Sep 18, 2010 02:54PM

Not to mention that the price of gold has historically been prohibitively expensive to mine at grades less than 2g/t which is what the drill says this is.

Times have changed a lot in that respect. All the high grade deposits have been sniffed out in regions where mining is possible due to government and infrastructure.

The nugget effect is our best friend and worst enemy. The reason it will be tougher to sell to Bay St, but also the reason it flew under the radar for so long.

The story all adds up and checks out. It's actually quite complex and I'm convinced that John Grisham couldn't have drafted a novel as unique and unexpected as the reality that this deposit has gone undiscovered for so long.

It makes me wonder that when a significant entity puts a substantial investment into this stock, it could go off like gasoline and fire. But...I'm not convinced we are there yet. I think we are getting really close, but that we are 3-6 months away. After about 3-4 solid releases of results the market may begin to say, 'You....again? How much stuff you got anyways?!"

Then, look out. They may do the x20km calculation I do about once a day.

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Sep 19, 2010 04:33PM
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