Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Anonymous today - Glorieux...
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Dec 05, 2012 09:04PM
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Dec 05, 2012 10:33PM
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Dec 05, 2012 10:34PM

You are mostly right Herb and I cannot argue your points. Even I bought more then I intend to keep and will sell these at some point in the 9-11 range. If the price drops down to 6.5 again, I will rebuy those trading shares again.

However, keep in mind it took 2.5M shares sold in 30 days, about 22 trading days to drive our share price to these ridiculous levels. That is alot of volume for a company with our trading volume to absorb. If they are really done, and this is day 2 of no selling from anonymous, than, without that volume to drive us down, we should move up. Maybe 9-11 without news is too high right now in this market but I do not think so looking at the fundamentals of the company and our strong management and our cash in the bank. Remember that we did our last hard cash PP at 9 cents with NO warrants. That was smart money buying those shares without a sweetner so that to me confirms the underlying value as that smart money must believe we are worth 12-15 minimum to buy at 9 without a warrant.

Only a few weeks of tax loss selling to go and then we should be seeing the Christmas rally start. Patience here is still warranted IMO. I have not given up on the huge potential here and am very curious what they will bring up in the next set of assays.

You were also right that it will take news of an increasing resource to bring this company back into the good graces of the market and to the next level. The drill is spinning and our first assay result was very exciting...Let's give Frank and the boys more time here.

Glorieux

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