Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Huh?

Did anyone else see the NR from LOT

They were up almost triple today and have backed off to a double plus,

on one hole!

What I find interesting is how they reported it.

                    DRILL RESULTS
                                           Au (ms)               Au (grav)
From            To   Length                  (g/t)                   (g/t)

69.00        69.75     0.75                  205.0                   200.0
69.75        70.50     0.75                  181.0                   184.0
70.50        71.25     0.75                  243.0                   233.0
71.25        72.00     0.75                   75.8                   105.0
72.00        72.75     0.75                  101.0                    97.9
72.75        73.50     0.75                  381.0                   379.0
73.50        74.10     0.60                  493.0                   700.0
74.10        74.70     0.60                   59.0                    59.0
                                           Average                 Average
                               214.4 g/t Au 5.70 m     237.6 g/t Au 5.70 m
They reported 3/4 of a meter at a time and then gave us an average grade over 5.7 meters?
I'm not saying it is bad, but it sure doesn't compete with GNH's best results. 
This mickey Mouse little company almost hit 40 million in market cap today off one lousy hole?

When compared to what we have produced in the last months this is a crazy market cap.
Am I missing something?

pc

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Apr 11, 2012 04:18PM
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Apr 11, 2012 07:36PM
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Apr 11, 2012 08:26PM
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