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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: Prospects for ONT

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Prospector Jim

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Prospects for ONT

posted on Oct 15, 09 09:13AM

There is one more obvious reason for the management team to consolidate shares and increase per share price, and that is to attract institutional investments. There are price limits as to what certain institutions can buy. Most except companies like Pinetree cannot buy penny stocks. There are limits and I believe those limits are the stock has to be higer than $5.

If that is the target that Pat has in mind, then were looking at a 500% increase from here after consolidation.

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