Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Question for Hoov

If you are short-term quick buck type trader this is probably not the place to be, Technicals are weak again, gold is dropping. There is a good chance of significant returns in the coming weeks but those are dependent on assays (they still could be a month or more away), and the POG, so its very high risk high reward trade if your a day trader ( technicals are weak). Long term investor this is a great level to get in at.. As someone holding for year, two or three years down the road its a fantastic level.. Gold is unlikely to continue going down and is still very likely to go a lot higher this year.. as a long term investor you aren't as concerned about timing of the assays as you are the results, and we should see a lot of SP moving news in the coming months.. For this to be worth 35 cents or less in the coming year, A lot would have to go wrong. People tend to forget our last results were mixed and had some good holes in them, The chart is a lot of the reason we have declined so much not the fundamentals otherwise we would have had a major drop after last assays not a slow sell off the months to follow, we have drilled a lot and have a huge property. Don't understand why you would be selling now, once it was mid December it was clear that we weren't going to see results until at least this week (how many companies had assays last week? hardly any). gold is likely range bound for the time being between 1350-1420 (very mine-able levels for lower grades) so you are selling likely at a loss when gold is at its low end of the range below financing levels. Just doesn't seem logical to sell at these levels.

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