I don't think that the results are bad. Given the "unequal" distribution of gold (the nugget effect) the are proabably just what should be expected. The bulk sample is the only way to get a true picture of the resource and GNH management has got to get that program completed and the results published PDQ.

So invetsors punish GNH when they don't put out results and then investors punish them when the do put out results. What exactly are we looking for at Bellechase - 10 grams over 100 meters? That's not going to happen.

IMHO, GNH is eventually going to prove up a >50MT resource at better than 2G/T (based on the bulk sample program). It's just not going to happen on my tomorrow.

- panamax