Golden Hope Mines

Hey PC,

All good points, and indeed maybe these are the main reasons why the management/BoD haven't gone down that road.

From my perspective, the main "value" of this company currently lies in the tricky nature of the deposit and the fact that the market may not understand the true potential in the ground at Bellechasse. I pushed all my chips to the middle of the table based on that premise, and the faith that I had in our geologic team to demonstrate that value. I believe that pulling that ore out of the ground is the most efficient way to demonstrate that potential. So yes, if we had to be seriously diluted to get this information I would accept that scenerio. You may remember that I was a strong proponent of the ramp proposal for all the same reasons.

My favorite strategy would be an open pit at T1, with a careful eye on the jewellry zone for a shaft to get to the high grade stuff.

Best,

Scott