matt, i'm thinking that gnh is a good buy again (unless you are in the camp that believes gold will crash soon). at this point everything has been discounted.
the good results are actually pretty good now, as opposed to the first results, which personally i thought sucked. they seem to be hitting 1/3 of the holes drilled with decent results and so far the bulk samples are right where they should be. i dont believe anyone has bought gnh on the gamble that lavals or other pending holes will show anything exciting. if they do, it will be a big plus. don't underestimate the 43-101 resource! if they can actually get one approved i have no doubt the stock will appreciate. right now it looks like investors doubt they can pull it off OR are simply waiting to buy in until they do.
- BD2010-124 4.98 grams per tonne (g/t) of gold (Au) over 13 metres (7.41 metres estimated true thickness) on gold zone T1
- BD2010-125 7.57 g/t Au over 10 metres (7.31 metres estimated true thickness) in gold zone T2B
- BD-2010-132 2.03 g/t Au over 4 metres (1.69 metres estimated true thickness) in gold zone T1
- BD-2010-132 4.63 g/t Au over 3 metres (1.26 metres estimated true thickness) in gold zone T2B
- BD-2010-133 9.05 g/t Au over 9 metres (3.80 metres estimated true thickness) in gold zone T2A
These results were reported on January 20, 2011 and represent highlighted assay values for 4 holes out of a total of 12 holes.
Golden Hope has already reported on all of the outstanding drill results from the 2010 exploration season, with the exception of the six holes or 1414.0 metres (LM2010-1 to 6) from the Laval's Mountain geochemical anomaly drilled in late December, 2010 for which it is still awaiting assay results.
