Well said OB44
We know the Gold is there, and now the team is trying to define the Timmins tonnage as economically as possible, without diluting our shares. This winters drilling was done to see if T1 continues along strike in the same manner as T2 and Ascott. If successful, this will add considerable tonnage to this zone. Currently we have about 150m along strike in T1 and about 400m in T2 which is still open along strike. We all know T1 is a wider zone than T2, so if it continues in a parallel manner this whole area will continue to grow significantly in tonnage.
Once we have an official resource estimate (we will have one) then it will put a much higher floor price on our SP and the institutions will be ready to jump into the picture.
On a positive note for those of us that don't own any old warrants, I think there might be about 4 million warrants at 50 cents which will expire in May. Hey, our F/D O/S shares will be reduced so our shares increase. One thing we all know, Frank and his family own a boat load of GNH and they want as little dilution as possible.
Skier
