posted on
Feb 28, 2011 05:46PM

Developing Bellechasse-Timmins Gold Deposit
New Discovery Resulting in a 20KM Mineralized Gold Belt

Message: GNH
Good point Matt. If there was good news in the pipeline, there are usually some insiders telling their friends. This would lead to an increase in volume. We are definitely not getting that. The other side of the coin is that the people who wanted to sell have finished. The big drops were on high volume.
For the last few days, there has been minimal volume, but a slightly rising price. The one thing that did make sense is that there were a few people who sold GNH to take advantage of the potential buyout of CMM. The price change is date coincident with this and makes some sense. CMM is still up in the air, but I think most people that wanted to sell GNH to buy CMM have done so. I sold my CMM shares for reasons I stated earlier.
My guess is that due to low volume, assay results are not imminent. RATS!!
Bob
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