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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Looks as though Dennis is attracting attention from all over

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Looks as though Dennis is attracting attention from all over

posted on Jul 31, 09 09:39AM

By Peter Grandich
Agoracom.com, Toronto
Thursday, July 30, 2009

http://www.gata.org/node/7637" target="_blank">http://www.gata.org/node/7637

I couldn't agree with it more. Dennis Gartman is one of two horrific-performing gold forecasters whom the financial media has made into false prophets. We all make wrong predictions, but when one is constantly wrong but is never taken to task for poor performance, it leads many people over the cliff with him.

This is not jealousy or envy on my part but just something I've learned in 25 years in this business. I believe understanding it will help readers avoid or lessen losses.

I agree with Chris that Mr. Gartman was not really showing humility. I believe Gartman wrote as he did because his poor performance was affecting his business -- and not just limited to gold. Because Gartman seems to thrive on attention (when I shared a stage with him or heard him I found him to have a big ego), I believe that his "confession" would not receive absolution in my church. For him to think that his opinion was so popular that his own advice was sabotaging his market performance is really just another part of an inflated ego.

Thanks, Chris, for your keen observation and the work you and GATA do for a market that is clearly manipulated and maybe more than I had felt until now.

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