Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: PDAC Toronto March 07 - Re: still to come
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Feb 08, 2012 09:51AM
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Feb 08, 2012 11:03AM
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rj
Feb 08, 2012 11:28AM

I am happy to see you are now calling it a tough call Hoov. There is a balance act here between 2 ideas: Getting the resource done on time for PDAC so we get better marketing quickly and having a longer timeline to allow more recent drill results to be included in the report so our first resource estimate beats expectations. In the long run, I am not sure it truly matters to be honest. The company can put out the resource estimate quicker and say that their cut off date was such and such and that these excellent drill results will increase the current resource estimate on the next update or they can go to the show and say look at our great drill results (we have more pending), our resource estimate should be out within a few weeks. I still do not think that there would be any credibility issue with the company either way as long at the resource estimate was good.

At the end of the day, the company will do what they believe is best for the company and will weigh all the variables. I still maintain that GNH has grown up and that better decisions are being made. Recognizing that and our excellent drill results is why I am still invested here.

Glorieux

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