Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Friday afternoon with James Tilsley

thank you Scott! very cool. I'm glad his health has improved!

sudbury, I like the idea of a ramp and I'm sure it will be necessary but the first thing we need is to get the PPS up before trying to finance $20mil... the dilution would be huge at these levels. like it or not I think they will have to take things at a measured pace.

get the initial 43-101 resource first. it might "underestimate" the real potential but it should make the PPS rise to a point where we could actually finance $20mil without giving away the farm. i'd rather see 20mil shares at a buck get oversubscribed than an additional 100mil shares drop the PPS further.

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