Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Gold prices and Golden Hope and tonnage estimates

Also a good point G. I guess my excitement stems from the fact that the price of gold is significantly outperforming inflation in recent times. Now if we could only find a way to improve on the mining costs or extraction costs in a way that is specific to this type of deposit, then we may be able to gain some ground there too. This is partly why I am more excited to see the conceptual model than I am to see the next set of drill results for hole A, B or C because I think we will start to learn more about the gold particle distribution pattern (marbles vs. basketballs) and the costs associated with mining it.

Please understand, I am not suggesting we reopen the discussion of whether we should mine this ourselves- but rather to suggest that the more comprehensive the model is, the easier it will be to convince the market and potential suitors of its value.

Best,

Scott

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