Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Test
7
Oct 08, 2010 10:14AM

I suspect all is well, just quiet. I myself, am using this long weekend to re-assess and re-alocate my investments. Not sure if the drift down by many junior's these past weeks will continue or have we reached a levelling off period. I see some green this morning in the basket I watch and own. Nothing yet on GNH, however it is not down again as I type this. I fell victim to 'all my eggs in one basket' by not selling GNH during the recent rise. I have since sold 50% of my postion and re-invested elsewhere. I still believe in GNH in the long run, and that they will prove up their goals. I am just approaching with more caution and pessimism before taking anymore of a postion. I am looking at both GNH and GBB and their recent PP (I sold all my GBB at .60 on the way down.) I can not shake a feeling that the market is pricing us the same regarding their .54 PP. We are both in Quebec, similar grades, market cap, and both assay pending on their current drill program ( although they are further ahead in their program). Our price here has been walked down to this level and give or take a cent they are holding it here.

Whether we are doing a PP before assays makes sense as far as current SP pattern. If we are waiting until further assays are released that makes more sense to me then as Glorieux has stated that the market is pricing for what we have proved. Now it is just more patience,

I wish everyone a safe and enjoyable Thanksgiving weekend, looking forward to the next couple of weeks on the GNH newswire.

Regards Jay (I took me long enough to type this with my daughter who is learning to walk pulling on the chair and keyboard wires, we are now at .55 from .53). Perhaps she can play a while longer this coming from a non-superstitious person.

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Oct 08, 2010 11:17AM
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Oct 08, 2010 02:07PM
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Oct 08, 2010 03:44PM
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