Developing Bellechasse-­Timmins Gold Deposit

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Message: Re: Early June
4
Jun 15, 2012 06:32PM
6
Jun 15, 2012 06:59PM

RW, you correctly point out that early June was a target date and should not be thought of as written in stone. Had the company not said that the criticism would be holding back and saying nothing. So you are dammed here for being wrong, or, as we often see, dammed for providing no news.

But Emmanuelsaunders is among a growing segment of GNH shareholders who are waning in our enthusiasm for GNH. The annual meeting will be very interesting. From my view the problem ahead for GNH is raising capital for further drilling without heavy dillution. I may be wrong with my assessment but I'm looking to the annual meeting to enlighten, at least me, on this topic. The solution to this question over-shadows the RE as I see things. We need a good RE and a clear plan how our future will unfold for the near to medium term.

The board has been painfully silent as we have seldom heard from writers who have posted some very insightful posts in the past. We have heard from a few from time to time, but in reality, there has been little to write about. We have been spared from mindless drivel in the absense of news. That is why this board is so good. We cannot have it both ways.

Come Monday afternoon I hope we will have some welcome news to discuss and I look forward to some helpful reading. One of our respected posters got caught up in a bet that GNH would be 41 cents before it sank to 14 cents. Most of us at the time thought 41 cents would be plausable. I was one, being an optimist. I didn't rule out 14 cents because markets have a mind of their own and some very puzzling things come to pass. At the time markets were not good and with summer coming and traditional weak markets persist, who could know what was coming. Some of the bleakest markets I've seen are punishing us. Only the bursting of bubbles made for more bleak markets than what we have right now. So under these circumstances, 14 cents isn't the end of the world. It does represent some challenges though. I do not know the answer for G. but it is time to rethink ones exhile from posting for the good of the majority here who valued his posts. In the end we are all responsible for our own DD, but the insight of others is often helpful as well.

I am expecting that there will be some very interesting things to talk about after the meeting.

16
Jun 17, 2012 01:14PM
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