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Message: Golden Chalice Resources Acquires Kenogaming Gold Property in West Timmins along

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Re: Golden Chalice Resources Acquires Kenogaming Gold Property in West Timmins a

posted on Sep 23, 09 06:32PM

GCR does not have a story for Gold in the Timmins West Camp and as such, they have been forced to build a land base where the market financings are being favored too.

The company held on too long to the base metal plays well past the point of rational and as well with it went the cash position and market cap. They are now committed to a timmins west play which is fair distance away from the original WTM Thunder Creek discovery hole. It's all that was left in the end in the Timmins West neck of the woods but still has a Porcupine Destor signature too it and will need to do for now.

Management needs to be seriously looked at as they really underestimated what what going on around them when gold was obviously the way to go.

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Executive Address

Richard hughes gcr
Richard Hughes
Chairman of the Board, Hughes Group of Companies
April 21, 2009

Richard Hughes highlights the Hughes Groups past successes and current projects, including Langmuir.

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